USD/CHF is testing a resistance level .9750 area of interest, which lines up with not only a falling channel resistance, also with 0.5 fibonacci retracement, RSI in meantime almost in overbought area..
Shorting around the resistance area would give you a sweet reward-to-risk ratio especially if you aim for the previous lows near .9450. But if you think that the Greenback of the dollar will break above its downtrend pattern, then you could also wait for a convincing break above the .9750 – .9800 levels
good luck
Shorting around the resistance area would give you a sweet reward-to-risk ratio especially if you aim for the previous lows near .9450. But if you think that the Greenback of the dollar will break above its downtrend pattern, then you could also wait for a convincing break above the .9750 – .9800 levels
good luck