There are two potential profitable positions coming up in the USD/CHF. Firstly, there are two main Resistance levels, both come from prior flag patters, but the upper resistance level is backed further by also coming from the top of strong peaks. This means one would ideally like to buy from one Resistance level to the other, and be expecting a strong selloff at the upmost resistance level. This is backed by the RSI coming to overbought levels and the 50 MA providing support to current the price level. A short position would arise if the price broke a former flag pattern and the 25 MA, but one would expect the price to settle and maybe rebound from a very strong support level dating back a couple of years.