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USDCHF Inside Day at 3rd Bollinger Band

USDCHF Inside Day at 3rd Bollinger Band

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-chf_body_usdchf.png, USDCHF Inside Day at 3rd Bollinger Band

Prepared by Jamie Saettele, CMT

The USDCHF made an inside day one day after hitting its 3rd standard Bollinger band. This is a common characteristic seen before pullbacks. Expect a dip into 9160/80, which is former congestion and the level left open by the gap. 9042 is the pivot now.

Ideas:

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