USDCHF: waiting for a pullback

I still keep my eyes on USDCHF just like I said yesterday here. I’ve been mention that there are two (2) possible scenario on USDCHF. Recently, price on USDCHF moved higher and broke the daily resistance level. This resistance level now acts as the new support level. For now, I will wait for the price to pullback and retest the new support level. If the price moves lower and re-test this level, I will start hunting for bullish signal and go long.

USDCHF daily chart

USDCHFDaily-160518

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