In recent blog posts we have shown you how the USDCAD, AUDUSD, and NZDUSD have all changed trends and now we have another currency showing strength against the US dollar.  The Swiss Franc (CHF) has now broken the trend line and looks to strengthen against the USD.

Looking at the chart we can see that the USDCHF has now given a lower top with two sell signals, the most recent breaking the trend line on the 1% point & figure chart.  Right now we will have to wait for a better entry point but will be looking to possibly go short if we see a bounce up to the 1.16 area.

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