USDCHF target from triangle breakdown on monthly almost reached. Expecting overshoot by couple of hundred pips.

USDCHF target from triangle breakdown on monthly almost reached. Expecting overshoot by couple of hundred pips. http://chart.ly/j2qpt7h —- Given the massively oversold state USDCHF is already in, what is your basis for expecting another 200 pips? I’m not saying it isn’t possible, but whenever I see people wildly extend their targets once their initial expectation …

USDCHF target from triangle breakdown on monthly almost reached. Expecting overshoot by couple of hundred pips. Read More »