USDCHF - Intraday - We look to Sell a break of 0.9199 (stop at 0.9216)
There is no indication that the selloff is coming to an end.
A break of yesterdays low would confirm bearish momentum.
A break of bespoke support at 0.9200, and the move lower is already underway.
We look for losses to be extended today.
Our profit targets will be 0.9152 and 0.9142
Resistance: 0.9220 / 0.9240 / 0.9260
Support: 0.9200 / 0.9180 / 0.9150
There is no indication that the selloff is coming to an end.
A break of yesterdays low would confirm bearish momentum.
A break of bespoke support at 0.9200, and the move lower is already underway.
We look for losses to be extended today.
Our profit targets will be 0.9152 and 0.9142
Resistance: 0.9220 / 0.9240 / 0.9260
Support: 0.9200 / 0.9180 / 0.9150
