A bullish multi-month signal for CHF may soon be confirmed, says James Dima, technical analyst at Marex Spectron.

Looking at a chart of the U18 CHF/USD Future, Dima says to monitor for a bullish crossover of the 20-day moving average (black line) above the 100-day moving average (red line) (see Chart). If this happens, he thinks it will result in a bullish move for CHF of around three months in duration.

See Chart.