USDCHF - Intraday - We look to Sell a break of 0.9078 (stop at 0.9098)
There is no clear indication that the downward move is coming to an end.
A break of bespoke support at 0.9080, and the move lower is already underway.
We look for losses to be extended today.
Short term momentum is bearish.
Our profit targets will be 0.9022 and 0.9011
Resistance: 0.9100 / 0.9120 / 0.9140
Support: 0.9080 / 0.9050 / 0.9030
There is no clear indication that the downward move is coming to an end.
A break of bespoke support at 0.9080, and the move lower is already underway.
We look for losses to be extended today.
Short term momentum is bearish.
Our profit targets will be 0.9022 and 0.9011
Resistance: 0.9100 / 0.9120 / 0.9140
Support: 0.9080 / 0.9050 / 0.9030
Trade closed: target reached
Closed in slight profit at expiration.
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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.