USDCHF 9500 Should be Strong Support
Prepared by Jamie Saettele, CMT
The USDCHF reversed sharply on Friday (key reversal) and weakness has continued into this week. Having reached support near 9600, don’t expect an easy break towards 9500. Rather, a short term bounce likely encounters resistance near 9635/45. Ultimately, the goal for June is to get long near 9500 against 9367.
LEVELS: 9440 9500 9560 9635 9695 9771
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