Swiss Franc 9300 and 9240 are Levels of Interest
Prepared by Jamie Saettele, CMT
The USDCHF has broken the support line that extends off of the December and January lows and is approaching the January low of 9304. A drop under there would negate any constructive bias and shift focus to the 12/21 low at 9242 and the 11/30 low at 9065. 9380-9410 is now resistance.
Bottom Line – flat
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.