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FOREX Technical Analysis: USD/CHF Ready for Assault on 9382?

FOREX Technical Analysis: USD/CHF Ready for Assault on 9382?

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-chf_body_usdchf.png, FOREX Technical Analysis: USD/CHF Ready for Assault on 9382?

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: The USDCHF remains firm following the break above 9303 and trendline resistance. There is no change to the outlook. “The USDCHF has broken through 9303 and focus is now on 9382.” 9225 is support in the event of weakness below 9285.

FOREXTrading Strategy: Long against 9285, targeting 9500.

LEVELS: 9178 9225 9285 9382 9437 9512

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

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