USD/CHF Still Holding Median Line Support
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-After spiking above trendline resistance, USDCHF put in a Monday reversal in an environment that is best described as emotional. Moreover, this area is defended by the 2008 low at .9647.
-USDCHF has traded into median line support and former congestion (.9300-.9430). Start looking higher again but .9580 is resistance within the range.
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