USDCHF Buy a break setup.
Updated
USDCHF - Intraday - We look to Buy a break of 0.9406 (stop at 0.9385)
Daily signals are bullish.
We can see no technical reason for a change of trend.
Price action is forming a bullish flag which has a bias to break to the upside.
We look for gains to be extended today.
A break of 0.9420 is needed to confirm follow through bullish momentum.
Our profit targets will be 0.9469 and 0.9497
Resistance: 0.9400 / 0.9418 / 0.9450
Support: 0.9380 / 0.9350 / 0.9320
Daily signals are bullish.
We can see no technical reason for a change of trend.
Price action is forming a bullish flag which has a bias to break to the upside.
We look for gains to be extended today.
A break of 0.9420 is needed to confirm follow through bullish momentum.
Our profit targets will be 0.9469 and 0.9497
Resistance: 0.9400 / 0.9418 / 0.9450
Support: 0.9380 / 0.9350 / 0.9320
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