Swiss Franc Support (USDCHF Resistance) at 9330-9390
240 Minute Bars
Prepared by Jamie Saettele
Near term resistance is 9330/90. “The USDCHF has traded to an all-time low thus negating the bullish stance that I had taken based on the prior low being just 50 pips below where the decline from 11730 would equal the decline from 12299. The long term support line does remain intact. The recent USDCHF action indicates just how difficult it is to call turns. Round figures are levels of interest (9200, 9100, etc).”
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