USDCHF Sell the breakdown.
Updated
USDCHF - Intraday - We look to Sell a break of 0.9129 (stop at 0.9151)
Yesterday's price action moved through the resistance at 0.9170 but has so far failed to probe much higher.
Rallies should be capped by yesterday's high.
Pivot support is at 0.9132.
A break of bespoke support at 0.9130, and the move lower is already underway.
We look for losses to be extended today.
Short term MACD has turned negative.
Our profit targets will be 0.9076 and 0.9066
Resistance: 0.9140 / 0.9150 / 0.9170
Support: 0.9130 / 0.9100 / 0.9080
Yesterday's price action moved through the resistance at 0.9170 but has so far failed to probe much higher.
Rallies should be capped by yesterday's high.
Pivot support is at 0.9132.
A break of bespoke support at 0.9130, and the move lower is already underway.
We look for losses to be extended today.
Short term MACD has turned negative.
Our profit targets will be 0.9076 and 0.9066
Resistance: 0.9140 / 0.9150 / 0.9170
Support: 0.9130 / 0.9100 / 0.9080
Trade closed: stop reached
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