Daily

eliottWaves_usd-chf_body_Picture_4.png, USD/CHF Outside Day Provides Reference Point to Take Near Term Stand

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-The same momentum considerations that apply to EURUSD apply to USDCHF (the March price low occurred with RSI above 30).

-.8745 (3/13 close) has provided support. Exceeding .8845 (now resistance) would make the case that an important low is in place.

LEVELS: .8727 .8744 .8770 | .8845 .8872 .8915

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


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