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USD/CHF 3rd Times a Charm for Former Trendline

USD/CHF 3rd Times a Charm for Former Trendline

2016-03-10 19:10:00
Jamie Saettele, CMT, Sr. Technical Strategist
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USD/CHF 3rd Times a Charm for Former Trendline

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-There is no change to recent USD/CHF commentary. “The rate has turned up from the 200 day average and near where the decline from the November high consists of 2 equal legs (.9714). Former trendline support is now providing resistance, which is short term bearish.”

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