Good morning ladies & gents,
USDCHF has hit a H4 Bearish Propulsion Block whilst simultaneously creating Fair Value Gaps on its way up. Price hunted past previous day's highs and created a sell structure. The targets are highlighted below. I've personally got 3 targets but these two that I've depicted are the first and last ones.
Disclaimer: This is my opinion...
MPP was updated in July.
Unfortunately, however, it did not almost move about this symbol.
As the weekly chart, it is a range market so it will be both short and long compactly for a while.
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1) MPP (P) 0.98956 is function as a support line
The first limit is under WePP (R1)...