USDCHF Trendline at 9230 on Wednesday
Prepared by Jamie Saettele, CMT
The USDCHF correction may be complete from the 4/5 high. A break above 9222 as well as the resistance line that extends off of the January and March highs is expected. The March high is of interest at 9335 as is the 100% extension of the 8931-9334 rally, at 9405 (intersects channel resistance on April 23rd).
Bottom Line (next 5 days) – higher
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