USDCHF 🇺🇸🇨🇭

Short term bearish long term bullish. Last week dollar has made unprecedented gains and is due for a retest of previous resistance before making higher highs. The estimated take profit is the 0.50 region on the Fibonacci retracement. The short term bearish trend is estimated to last till Friday with macro news catalyst “nfp” as well as “fomc” the following week. The recommended move in the short term is sells with a good risk to reward