Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
–USDCHF has traded into the year open and trendline resistance. The late February high also rests here at .8929. A break above the line that extends off of the July 2013 and January highs would make it possible that a corrective decline from the 2012 high is complete. Near term focus would shift to .9060.
-Use the April 1 low as a pivot (bull/bear level).
LEVELS: .8745 .8806 .8834 | .8929 .8985 .9063
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.