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USD/CHF in 7th Week of ‘Melt-Up’

USD/CHF in 7th Week of ‘Melt-Up’

Jamie Saettele, CMT, Sr. Technical Strategist


Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-USDCHF has pushed through the December low. The next area of resistance is probably from a series of highs from October to early December between .9684 and .9817. The median line is estimated support now near .9310/40.

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