Tanalys

USD/CHF Year Open Should be Watched for Support Near Parity

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

The breakout from the multi-month triangle remains valid but the comments in the EUR/USD section regarding non-confirmation warn of at least a minor turn lower in the USD. Monitor the year open (near parity) for support. As a reminder, the objective from the breakout is 1.0350.

Exit mobile version