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FOREX Technical Analysis: USD/CHF Surges Through 9200

FOREX Technical Analysis: USD/CHF Surges Through 9200

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-chf_body_usdchf.png, FOREX Technical Analysis: USD/CHF Surges Through 9200

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: Is the USDCHF diverging from the EURUSD? It certainly did today as the CHF was hammered across the board. Still, the larger trend is considered sideways between 9303 and 9077. A break of that zone will determine direction.

FOREXTrading Strategy: Flat.

LEVELS: 9140 9170 9200 9245 9303 9384

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

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