USDCHF Sell the resistance.
Updated
USDCHF - Intraday - We look to Sell at 0.9315 (stop at 0.9341)
With signals for sentiment at overbought extremes, the rally could not be extended.
Rallies should be capped by yesterday's high.
Bespoke resistance is located at 0.9320.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our outlook is bearish.
Our profit targets will be 0.9241 and 0.9203
Resistance: 0.9320 / 0.9350 / 0.9375
Support: 0.9280 / 0.9250 / 0.9200
With signals for sentiment at overbought extremes, the rally could not be extended.
Rallies should be capped by yesterday's high.
Bespoke resistance is located at 0.9320.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our outlook is bearish.
Our profit targets will be 0.9241 and 0.9203
Resistance: 0.9320 / 0.9350 / 0.9375
Support: 0.9280 / 0.9250 / 0.9200
Trade closed: target reached
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