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USDCHF Tests April High

USDCHF Tests April High

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-chf_body_usdchf.png, USDCHF Tests April High

Prepared by Jamie Saettele, CMT

The USDCHF traded to its highest level since March 15th before reversing sharply last night. 9160/80, former congestion and the level left open by the gap open, is now support and the upside is favored against 9110. 9290, the 100% extension of the rally from 9001, is of interest before the March high at 9334.


DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.