We are still in the desert on the USDCHF – price also tested the 1.0829 level where the higher Moving average is. We are at a previous support @ 1.0883 (R4) and this is all a clue that the market is ready to move. Looking for a move to the R5 at 1.1027. Watch the 1.0950 area for a stall.

The bias is bullish off of this formation.

USDCHF.jpg