USDCHF Sell the downtrend.
USDCHF - Intraday - We look to Sell at 0.9015 (stop at 0.9034)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Trend line resistance is located at 0.9020.
50 4hour EMA is at 0.9013.
Preferred trade is to sell into rallies.
Our profit targets will be 0.8916 and 0.8902
Resistance: 0.8980 / 0.9000 / 0.9020
Support: 0.8960 / 0.8940 / 0.8920
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Trend line resistance is located at 0.9020.
50 4hour EMA is at 0.9013.
Preferred trade is to sell into rallies.
Our profit targets will be 0.8916 and 0.8902
Resistance: 0.8980 / 0.9000 / 0.9020
Support: 0.8960 / 0.8940 / 0.8920
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