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USD/CHF Test Will Come Near .8870

Jamie Saettele, CMT

Daily

USD/CHF Test Will Come Near .8870
USD/CHF Test Will Come Near .8870

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 .8870 (trendline) would make the case that an important low is in place.

LEVELS: .8727 .8759 .8805 | .8872 .8915 .8952

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


original source

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