See the chart below for the USD/CHF trend analysis on the D1 time frame. The USD/CHF is close to starting a new uptrend in the D1 time frame.
Traders can set an audbile price alert at 0.9950, as indicated by the red line. Above that price check The Forex Heatmap® to verify any buy trade entries with consistent USD currency strength, CHF weakness, or both. The overall trend on this pair is up on the larger time frames, and we expect it to go back up to at least the 1.0300 area resistance area indicated by the top red line on the chart. So this is 350 pips of overall potential, which is excellent risk to reward ratio.
This chart is a set of two exponential moving averages, and they can be applied to the USD/CHF and all 28 pairs we follow with the Forexearlywarning trading system. Then you can conduct a trend analysis across all 9 meta trader time frames with multiple time frame analysis.
USD/CHF Trend Analysis