USDCHF - Intraday - We look to Sell at 0.9269 (stop at 0.9291)
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Pivot resistance is at 0.9275.
The positive bias over recent days has stalled although selling pressure has been limited.
Rallies continue to attract sellers.
We look for a temporary move higher.
Our profit targets will be 0.9205 and 0.9195
Resistance: 0.9260 / 0.9275 / 0.9290
Support: 0.9240 / 0.9220 / 0.9200
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Pivot resistance is at 0.9275.
The positive bias over recent days has stalled although selling pressure has been limited.
Rallies continue to attract sellers.
We look for a temporary move higher.
Our profit targets will be 0.9205 and 0.9195
Resistance: 0.9260 / 0.9275 / 0.9290
Support: 0.9240 / 0.9220 / 0.9200
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.