USDCHF Inverted Head and Shoulder Setup.

In recent weeks the USD has been less reluctant to weaken against the CHF (compared with other G10 currencies) which may lead to an eventual inverted head and shoulder pattern in the event the .8825 level can hold on dips. This is near the December 17th 2020 low of .8822. The “neckline” is very clear at the .8925 level and if broken we should see a test of the key .9000 level once again.