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USD/CHF Old Support Could Provide Resistance Near .98

USD/CHF Old Support Could Provide Resistance Near .98

2015-04-09 19:01:00
Jamie Saettele, CMT, Sr. Technical Strategist
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USD/CHF Old Support Could Provide Resistance Near .98

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“USDCHF has reversed from 9 year trendline resistance. Focus is on the median line (about .9300) that extends off of the 2012 high. This line crosses through highs in 2013 and the October 2014 low. The 52 week MA is near this line as well. Resistance is estimated at .9800.”

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