Daily Bars

Prepared by Jamie Saettele, CMT
The importance of large range day (JS Thrust) closes is on display in the USDCHF. The most recent JS Thrust day was 9/7 and the close that day was 9436. Today’s high is 9437. Weakness below 9350 would probably result in a test of the 61.8% retracement at 9314. Near term resistance is 9400 and trade above 9438 would eliminate anything bearish in the near term and shift focus to 9500/18.
LEVELS: 9238 9284 9335 9438 9483 9518