Monday market review
USDCHF H4. The Swiss Frank formed the famous oRGR formation. At the moment we are waiting for confirmation by price adjustment to the support line. At this level, I will wait for a reaction and I am going to try to go long. This currency pair shows us that it is still possible to weaken the dollar. As in the case of USDCAD, the pattern indicates a possible deepening of the correction. Reading the formations from different currency pairs can give a signal to consider a specific scenario for the currency that we observe as the main currency.
