USDCHF - 240 - Rising channel

Quick idea.

After testing the upper side of the rising channel, USDCHF could correct back down slightly, before another possible leg o buying. For now we will remain careful, as the rate is still close to the upper bound of the channel, as it might still go for a breakout. We will wait for a break through one of our key levels first, before examining a further directional move.

Please see the chart for details.

Don't forget your stop-loss.