USD/CHF is currently trading near 0.9323 and in a channel. We are looking for an initial move to the ATR target at the 0.9273 area and then the 0.382 Fibonacci level at 0.9254.
Watch the DXY for any change in direction. The ATR for the pair currently is 66 pips per day and its 180-day average is 63 pips per day. DXY is currently trying to go down at the time of this post.
