USD/CHF Outside Day Provides Reference Point to Take Near Term Stand
Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
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-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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