USDCHF– Back to the range top

Note: Advance GDP Positive

Bullish: We are currently @ 0.9186 in a range.  With Advance ADP positive, we should see follow through to the 1.618 Fibo @ 0.9231area with a further target the ATR @ 0.9280. Watch the USDX for direction. The average daily true range (ATR) for the pair is 92 pips and it’s 180 day average is 96 pips per day. USDX is currently sideways.