USDCHF 9170 and 9210 of Interest BEFORE April High
Prepared by Jamie Saettele, CMT
The USDCHF is in the same position as the EURUSD. A bearish triangle should be considered at this point, especially since the trendline that extends off of the January and March highs has held. A drop under 8930 exposes 8760 and 8566. 9100 and 9140 are resistance. 9200 is additional resistance but exceeding 9250 would warrant a bullish breakout strategy.