USDCHF Decline Stalls
Prepared by Jamie Saettele, CMT
No change: “Immediate focus for the USDCHF is 9080, which is defined by the 3/8 low and former support line. Resistance is 9150 but the specter of 5 waves down from 9335 demands that we respect the potential for a deeper corrective advance into 9180/9200 before resumption of the bear trend.”
Bottom Line (next 5 days) – sideways / lower?