USDCHF - In front of Golden Cross - 2 Options leftUSDCHF - after a double top, and still remaining gap to fill in front of the highest supply zone, the USD had a complete bearish downwards momentum this week so far, and closed day after day lower. In the moment I am writing the post, we are in front of the important 0.88000 level, which served several times as important line, and price couldn't break through.
As we all know, with support / ressistance as much more often it was tested, there is a high likelyhood to break in the next attempt, downwards momentum and bearish seasonality of USD on our side.
2. Option
USD breaks out the downward channel, you can buy the breakout on a 1 hour chart, and makes a last retracement, before going lower the next weeks.