The USDCHF is trading around a LT resistance level:

Here is my trading plan:

If the USDCHF breaks through the short term resistance level (green upper level), it will trigger a bullish market condition, therefore I will be looking for long opportunities

If the USDCHF breaks through the short term support level (green lower line), it will trigger a bearish market condition, making only short opportunities in play

If the Swiss Franc keeps trading in between both lines, I will do nothing.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/