USDCHF 16/5/2019
The USDCHF shows a reversal potential or turns into Bullish, from the TF H1 chart a double bottom and stochastic pattern in the oversold area starts crossing up. As a USDCHF trading strategy based on forex technical analysis today, we can look for buy signals in the 1.00756 - 1.00498 area. The target potential is around 1.01041. The opportunity to buy can also be taken if the resistance at 1.01041 breaks with the potential for USDCHF to rise further to the range 1.01328 - 1.01584.