On the daily chart of USDCHF we can see dollar appreciation lasting since Friday’s shocking British referendum results. Price broke above 0.9790 resistance where we can see decrease of bullish power.
It is worth to watch price in the area of broken resistance, maybe it will now be a support. We should wait for correction and look for a signal to open longs. Wider trend is bearish so it is possible that there can be another bearish wave, we should be aware of that.
