Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-Keep in mind that the first day of the month remains the low for the month at .9064.
-USDCHF reversed just after dipping below the 11/4 low at .9091.
-Estimated resistance within the range is .9207. and estimated support is .9122.
Trading Strategy: Like the EURUSD and GBPUSD, long USD here could work but the trade seems forced. Not yet (for me at least).
LEVELS: .9044 .9095 .9122 | .9179 .9229 .9250
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
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