Tanalys

USD/CHF Pulls Back .8930 Needed to Reverse Larger Trend

Weekly

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-Use .8930 as a swing pivot for USDCHF. In other words, price needs to exceed .8930 in order to negate downside bearish implications from the break.

-Near term, .8745 is possible support ahead of the lows.

LEVELS: .8566 .8698 .8744 | .8836 .8902 .8939

–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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