Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More
USD/CHF Trades around 200 Day Average; Watch .9380s Now

USD/CHF Trades around 200 Day Average; Watch .9380s Now

Jamie Saettele, CMT, Sr. Technical Strategist

Share:

Daily

Chart Prepared by Jamie Saettele, CMT

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

-Remember, contracting trade since March may compose a triangle, in which case USDCHF will trade down to .9215-.9400 before finding support. The triangle line is near .9380 over the next few days. A break below there wouldn’t negate the idea that a triangle is forming from the March high. Rather, it would simply suggest that the triangle is larger than previously thought.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

DISCLOSURES