The USD/CHF exchange has been having a down day so far, but I would expect it to jump up here pretty soon. Reason being:
- The Range for USD/CHF (852) is in line with the 30 Day Average Range (832)
- There is a Support Level it appears to be hitting (first purple line) (if this first purple line is broken, then I
would expect the price to only fall as far as the next purple line, which is around two close Fibonacci Lines).
- Some divergence is appearing with a couple of momentum oscillators (MACD, RSI, and CCI)
- And the price is near a Pivot Support Line (DS1: 0.92460)