USD/CHF Hold or Fold; Price is at 2012 to 2013 Trendline
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
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-USDCHF is trading at the line that extends off of the 2012 and 2013 (February) lows and is nearing the year to date low of .9024.
-The 2/1 close at .9074 is the final possible support prior to the low at .9024. Wednesday’s low was .9077. A bounce from here
-USDCHF slipped below last week’s low while EURUSD stayed below its high. The divergence is subtle but it’s there.
LEVELS: .8933 .9024 .9078 | .9146 .9182 .9233
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