[B]Commentary:[/B] The USDCHF short term strucutre is also unclear therefore we are taking a look at the weekly. The 14 month inverse head and shoulders pattern remains in place as long as price is above 1.1877. An inverse head and shoulders is a derivation of a triple bottom.
The inverse head and shoulders pattern is not confirmed until a break of the neckline but the proximity of 1.1877 skews reward to risk in favor of bulls. [B]Strategy:[/B] Flat