Swiss franc got a bit of strength after results of jobless came out reading 3.3 instead of the previous 3.4, no major news are expected today on the currency. Meanwhile Canadian dollar got gains over crude Oil rallied.
The stochastic on D1 is between 80-50 area with bulls and bears fighting for gains, with H4 just hitting the overbought area about to turn down. While H1 is between 80-50 area going up looking to go overbought area and drag price down.
A possible reversal on price action is expected, a double top has been spotted on H4 with price trying to reverse. Signs of range have been spotted on a lower time 15min, a break on the range could confirm the BIAS. If price action reveres and test previous resistance as support, a short position will be considered.




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