USD/CHF 10.06.2016
Time frame D1
The price did not managet to form lower bottom - possible change in the sentiment
Price action signal - two even candles at levels of support.
Technical indicators
DeM(14) - In zone of oversold - positive signal
SL: 0.9555
Sentient : Positive for the dollar. Despite that on the next FED's meeting there aren't going to be an rate increase, the economy of the USA remain strong and we are expected to see at least two more rate increasing until the end of the year.
Alternative scenario : if the price breaks under the diagonal support will negate the formation.
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