I follow usdchf cuz you don't have any any gaps from expirations and it's the opposite of the futures -- the usdchf monthly chart -- below -- shows a budding bull market and plenty of demand -- it is a leading indicator market in the currency complex for sure. I trade futures but analyze the cash chart. (I'm an optimist and prefer looking at a bull market).
She still needs to clear the 2/3rds level of the last impulse down-move on this monthly chart. We are at the begining of what an Ellottiican woould call Wave 3 of 3 -- for lack of a better term for a massive impulse up-move -- and a move above that 2/3 rds level w/ mark the breakout.
Let the good times roll