USDCHF 21st MARCH 2022

DNP-FX Diupdate   
OANDA:USDCHF   Dollar A.S. / Franc Swiss
Here we see the symmetrical triangle pattern on the USDCHF pair. the breakout occurred last week, then ended with retesting the resistance area of the symmetrical triangle.
for early next week the dollar will probably fly higher. however, there is something to note that on the weekly timeframe we can see there is a shooting star candlestick pattern that will allow for a price reversal.

Considerations for COT sentiment. USD report on ICE Futures U.S.
There was an action of taking profit on US Dollar Index long positions by non-commercials, but the sentiment still tends to be bullish for the USD.

Likewise on the Chicago Mercantile Exchange report.
There was a non-commercial taking profit on Swiss Franc short position, but sentiment still tends to be bearish for CHF.
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