Looking at USDCHF we price retracing nicely to the 62% Fibonacci retracement but lots of liquidity is lying on the 79% retracement level. I feel price action might go hunt that liquidity, so we will keep an close eye on lower timeframes for price is sitting on a small support area in the market. COT reports shows long positions being closed in the market and short position being opened against the Swiss Franc, so buying from the 62% level looks promising.