Daily Bars

Prepared by Jamie Saettele, CMT
9405 did nothing to stem the USDCHF advance and focus remains on “the next channel resistance, which crosses roughly 9460/70 over the next few days.” The upside is still favored against Monday’s low (9294) and support is now 9405 and 9370. Like the EURUSD, AUDUSD, and NZDUSD, a larger correction will occur but probably from slightly higher (USD +) levels.
LEVELS: 9595 9460 9405 9370 9305