USDCHF Tags Interim Resistance from 3/22 High
240 Minute Bars
Prepared by Jamie Saettele, CMT
The USDCHF rally from 8930 and decline from 9334 composes waves 1 and 2 (or A and B) of the next larger bull leg. Interim resistance has been reached (9180) and the next level of interest is 9250, which intersects with the trendline that extends off of the January and March highs tomorrow. Support is 9115/35.
Bottom Line (next 5 days) – higher