The market broke the channel with a retest pending. Later, if the announcement of the Japanese Balance of Trade is lower than forecasted, will help the CHF raise in value. The technical analysis will confirm this too.
This analysis will require patience as a downtrend is beginning shortly.
I have identified what looks like possible breakout with a retest confirmation. If that's the case, I am predicting a downtrend for the next few days.
Expect the DXY to fall for 48 to 36 hours. Profitable pips possibly.
The Dollar dropped most days last week. Can this be a turning point from Tuesday?