U.S. Dollar / Swiss Franc
Long
Updated

USDCHF Buy a break setup.

199
USDCHF - Intraday - We look to Buy a break of 0.8882 (stop at 0.8862)

Daily signals for sentiment are at oversold extremes.
A higher correction is expected.
A break of yesterdays high would confirm bullish momentum.
The RSI is trending higher.
Short term MACD is moving higher.

Our profit targets will be 0.8947 and 0.8988

Resistance: 0.8870 / 0.8900 / 0.8920
Support: 0.8850 / 0.8820 / 0.8800
Trade closed: stop reached
SL hit.

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.