USDCHF - We look to Buy at 0.9903 (stop at 0.9873)
USDCHF - Posted mild net daily gains but all trading
confined to the previous days range, an indecisive Inside Day.
Price
action is forming a bullish flag which has a bias to break to the
upside. There is no clear indication that the upward move is coming to
an end. The medium term bias remains bullish.
The formation has a measured move target of 0.9940. Further upside is expected and we look to set longs in early trade. Our profit targets will be 0.9940 and 1.0000.