USDCHF diverges from the dollar during the euro session and continues to climb within a rising wedge when the dollar starts to fall again.
If we compare both dollar and USDCHF in the D1 chart, we will see that both are trading within an ascending triangle and that sellers are more in control then the buyers.
The dollar has already started to fall while USDCHF is seen completing its retracement and will soon reach a key supply zone at 618 level.
Wait for the price to pierce through the top of the rising wedge and look for strong signs of sellers.
If we compare both dollar and USDCHF in the D1 chart, we will see that both are trading within an ascending triangle and that sellers are more in control then the buyers.
The dollar has already started to fall while USDCHF is seen completing its retracement and will soon reach a key supply zone at 618 level.
Wait for the price to pierce through the top of the rising wedge and look for strong signs of sellers.
