USD/CHF has found support at the bottom of the declining trendline. The RSI is also showing divergence and about to break higher from oversold region. I am going long at 0.9120 with stops on a hourly close below 0.91 and targets of 0.918 and 0.9220. Good Luck Trading.

5/5 stars (2 votes)
First targets achieved. Profit = 60 pips. Move stops to breakeven for remaining position. Keep second targets open. I am expecting SNB intervention in EUR/CHF.