Tanalys

USD/CHF Engulfs Prior 4 Days after Trendline Re-Test

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

Keep in mind that the first day of the month remains the low for the month at .9064.

USDCHF reversed just after dipping below the 11/4 low at .9091.

-Estimated resistance within the range is .9207.

Trading Strategy: .9120/40 is support for longs. The stop needs to be .9075.

LEVELS: .9044 .9095 .9144 | .9207 .9250 .9289

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