USDCHF - Limited upside
USDCHFUSDCHFUSDCHFUSDCHFUSDCHF - Intraday - We look to Sell at 0.9897 (stop at 0.9927)
Bespoke resistance is located at 0.9898. Ichimoku cloud resistance comes in at 0.9897. The rally has posted an exhaustion count on the intraday chart. There is scope for mild buying at the open but gains should be limited. A Fibonacci confluence area is located at 0.9892.
Our profit targets will be 0.9660 and 0.9650
Resistance: 0.9892 / 0.9897 / 1.0000
Support: 0.9770 / 0.9660 / 0.9600
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