USD/CHF is trading 0.41% higher on Monday. CHF has not been trading in line with the risk sentiment. USD/CHF daily chart In the past when stock markets take a dive CHF and JPY is where the flow of money would normally be headed. In this new normal the greenback has outperformed and acts as a safe haven. Today has been no different, the dollar is 0.41% higher against CHF and 0.26% higher against the yen and the world major indices are in the red. Looking at the chart, it looks like a key reversal is taking place. The high lows have been marked out by the black circles. Now the previous wave high needs to be broken at 0.92 for confirmation. Even if this break continues to the upside, there is some traffic above the current price level. There are two trendlines marked in black that could be targeted by the bulls. There is also the psychological 0.93 area that has been sticky in the past. The indicators are also looking pretty bullish at the moment too. The MACD histogram is in the green and it looks like the signal lines are above to follow and push over the zero level too. The Relative Strength Index is above 50 and there is still some space to move to the upside. This downtrend is not over just yet. The market could start to make consecutive higher highs and higher lows from here and the confirmation of that will mark the change of trend. Additional levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Craig Wright’s lawsuit heads to trial after Federal court denied motion for summary judgement FX Street 2 years USD/CHF is trading 0.41% higher on Monday. CHF has not been trading in line with the risk sentiment. USD/CHF daily chart In the past when stock markets take a dive CHF and JPY is where the flow of money would normally be headed. In this new normal the greenback has outperformed and acts as a safe haven. Today has been no different, the dollar is 0.41% higher against CHF and 0.26% higher against the yen and the world major indices are in the red. Looking at the chart, it looks like a key reversal is taking place. The high lows… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.