Daily
Chart Prepared by Jamie Saettele, CMT
Automate trades with Mirror Trader and see ideas on other USD crosses
-The most recent remarks were that “contracting trade since March may compose a triangle, in which case USD/CHF will trade down to .9215-.9400 before finding support. The triangle line is near .9380 over the next few days.” USD/CHF ended up finding support above the ‘ideal spot of .9380 and is again approaching triangle resistance. A break above would signal that a major move higher is underway.
For more analysis and trade setups (exact entry and exit), visit SB Trade Desk
