Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader
–USDCHF traded into late August lows and failed. The level is reinforced by short term channel resistance (upward sloping).
-The line that extends off of the July and September highs may come into play as resistance later this week. The line crosses about .9264 on Wednesday and decreases 7 pips per day.
Trading Strategy: Like the EURUSD, there isn’t much to do right now.
LEVELS: .9063 .9090 .9130 | .9177 .9214 .9270