I am only beginning to start using Ichimoku in my analysis, certainly not yet for entries, but I think I'm going to start using it more. USD/CHF is now challenging 1st level of resistance in my view. After going below 0.9100 a few times in the last several days, the pair has managed to carve out a temporary base at 0.9090-0.9110 and is advancing on 0.9130-40:
Slightly bullish, but cautiously considering the recent drop. In my view, if it goes higher, the next test would be 0.9170-80, above here, gains can accelerate. Aside from the move up in price, on this chart with Ichimoku cloud, the Tenkansen line (blue) has just crossed the Kijunsen line (green) in the last 4-hour candle; a sign of an impending move up if things hold up.
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