Swiss Franc Daily Key Reversal
Prepared by Jamie Saettele, CMT
The USDCHF made a key reversal yesterday at a level that is viewed as strong resistance. Highs and lows throughout the first quarter of 2011 surround the 9300 area which is why the key reversal should be taken seriously. The short term channel support is now of interest.
Trend Strength (M,W,D) – 0, 1, 1
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