Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
–USDCHF traded into the year open and trendline resistance and pulled back. A break above the line that extends off of the July 2013 and January highs would make it possible that a corrective decline from the 2012 high is complete.
-Use the April 1 low as a pivot (bull/bear level). USDCHF broke that level today. .8845 is possible support.
LEVELS: .8727 .8744 .8786 | .8818 .8844 .8872
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.