Daily
Chart Prepared by Jamie Saettele, CMT
Automate trades with Mirror Trader and see ideas on other USD crosses
-“The next move for USDCHF is huge. The rate has failed at the 200 day average several times in recent months so a push above would indicate an important break above resistance. At the same time, shorts playing the range towards .9215 or so are afforded tight stops.” USDCHF has broken above key resistance (from long term slope and the long term MA. Focus is on .9720 (61.8% retracement of Marc-May decline and 4/23 high).
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