Tanalys

USD/CHF Inside Day Warns of Pause in Bull Move

4Hour

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader

USDCHF has exceeded the upward sloping corrective channel.

-Exceeding .9396 would break the series of lower highs.

-Weakness would probably prove corrective. Estimated support is .9335-.9288.

Trading Strategy: Need to see if market takes out .9396 or pulls back into support. Today’s inside day warns of at least a pause in the bull move.

LEVELS: .9245 .9288 .9320/35 | .9396 .9477 .9519

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