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USD/CHF Short Term Trading Levels are .9996-1.0019 and 1.0122

USD/CHF Short Term Trading Levels are .9996-1.0019 and 1.0122

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-I wrote last update that “2 levels to be aware of for resistance are 1.0020/45 (now) and 1.0094. Given where Swissie has turned up (200 day average and the September high), it’s important to respect potential for a re-test of early year highs.” USD/CHF traded through the mentioned levels and I’d actually watch for support now between .9996 and 1.0019. 1.0122 (1/19 high) is possible resistance.

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