USDCHF may be starting a bullish reversal on the weekly chart. RSI shows bullish divergence (price made a lower low, but RSI made a higher low).
Stochastic RSI also supports the move up.
Next major resistance is near 0.8600 area
Wait for a retest in the next coming days before entering any long positions for better confirmation .
do not jump into long ...
Weekly chart of EURUSD show potential short coming next coming weeks . MOMENTUM IS UP but the price is declining ,
Two possiblities AT the moment that can play IF ( BIG IF) the price decide to down in the coming days ,
Green arrow show a bounce from 1.1360 area and red arrow show a possiblity for further down to 1.1090.
Possible scenario for short term for EURUSD, Short on place for possible target 1.1540 and we might have a bounce from there ,a whole week green for DXY before any downfall
