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USD/CHF Trading Where it Did in March 2015 and March 2016

USD/CHF Trading Where it Did in March 2015 and March 2016

2017-03-09 20:10:00
Jamie Saettele, CMT, Sr. Technical Strategist
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USD/CHF Trading Where it Did in March 2015 and March 2016

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-There is no change as focus remains on 1.0205/21. “If USD/CHF is going to stretch into 1.0200 before putting in a top (2 equal legs up at 1.0221), then I’d expect a turn higher now. Remember, USD/CHF topped on 3/11 and 3/10 the last 2 years. Might USD/CHF be set up to fail around the same date this year? .9964 is the short term pivot (below is bearish).”

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