News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
USDCHF Support Cluster Still Holding Strong

USDCHF Support Cluster Still Holding Strong

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-chf_body_usdchf.png, USDCHF Support Cluster Still Holding Strong

Prepared by Jamie Saettele, CMT

The confluence of 4th wave Elliott channel support and top side of former base channel continue to hold. As long as price is above the Sunday high, risk is for higher prices towards 9660. What’s more, Wednesday’s low is in line with the 6/7 low at 9513 (Wednesday low was 9521).

LEVELS: 9440 9475 9520 9565 9660 9710

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

DISCLOSURES