USDCHF Responds at Strong Resistance
Prepared by Jamie Saettele, CMT
The USDCHF reversed from strong resistance. To review, “9410/20 is defined by pivots in June that the market responded to on 9/13, the 23.6% retracement of the rally from the June low, former 4th wave and 100% extension of the rally from the low.” Expect interim support from 9306/25 but focus for now is on the 9238 low and the May gap at 9184.
LEVELS: 9284 9306 9350 9420 9480 9500
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