USD/CHF: Rectangle Break?

 | Jun 23, 2016 09:01AM ET

USD/CHF:


BREXIT today – we are out of EUR and GBP Pairs
Currently we are 0.9563 trying to break out of the rectangle to the downside. If successful, we are looking for continuation to the range bottom @ 0.9442 with a further target down to the 0.9400. The average daily true range (ATR) for the pair currently is 78 pips.