USD/CHF Revisits 200 Day Average
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
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FOREXAnalysis: “Continued responses from .9170 are impressive in USDCHF. The 8/8 low was .9174. The 8/20 low was .9146 but priced closed at .9173 that day. The low for the last 2 days was .9170. The market has taken out the 20 day average and has revisited the 200 day average. Exceeding .9396 would break the series of lower highs.
FOREXTrading Strategy: See how the market responds to .9396 before committing.
LEVELS: .9234 .9281 .9313 .9396 .9477 .9519
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