USD/CHF Glued to the Short Term Fibonacci Level
Chart Prepared by Jamie Saettele, CMT
-Swissie hasn’t budged from the 61.8% of the rally from the March low at .9926 all week. Weakness below there would suggest that the 6 year trendline is going to be tested again (maybe that’s where the SNB is hiding). If this level holds, then the December-March trendline (bullish trigger) is back in play.
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