USD/CHF: Channel?

 | Jul 26, 2016 08:49AM ET

USD/CHF
Currently we are 0.9912 in a channel inside a range. IF we break up we are looking for a continuation to the 0.382 Fibo @ 0.9963 and maybe a continuation to 1.000. The average daily true range (ATR) for the pair currently is 61 pips.