USD/CHF Breaks Through Near Term Corrective Channel
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader
-USDCHF has exceeded the upward sloping corrective channel.
-Exceeding .9396 would break the series of lower highs.
-Weakness would probably prove corrective. Estimated support is .9335-.9288.
Trading Strategy: Need to see if market takes out .9396 or pulls back into support before commitments are made.
LEVELS: .9245 .9288 .9320/35 | .9396 .9477 .9519