USD/CHF has broken short term support at 0.9470 (Oct 9th low). On the downside break below will target 0.9396/0.9358 (Oct 15th low).
Minor resistance is around 0.9500.Any indicative break above would extend gain to 0.9520/0.9561.
Short term trend reversal only above 0.9561.
Recommendation: Sell USD/CHF around 0.9462-65, SL 0.9501, Target 0.9400/0.9358.
Minor resistance is around 0.9500.Any indicative break above would extend gain to 0.9520/0.9561.
Short term trend reversal only above 0.9561.
Recommendation: Sell USD/CHF around 0.9462-65, SL 0.9501, Target 0.9400/0.9358.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.