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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.

Ideas:

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