USDCHF - Bias remains mildly bullish
USDCHF - Intraday - We look to Buy at 0.9963 (stop at 0.9938)
Posted mild net daily losses but all trading confined to the previous days range, an indecisive Inside Day. Trading close to the psychological 1.0000 level. The rally has posted an exhaustion count on the intraday chart. Immediate signals are hard to interpret. Bespoke support is located at 0.9963. The previous swing low is located at 0.9960. Reverse trend line support comes in at 0.9952. Preferred trade is to buy on dips.
Our profit targets will be 1.0037 and 1.0047
Resistance: 1.0000 / 1.0037 / 1.0047
Support: 0.9963 / 0.9960 / 0.9953
Posted mild net daily losses but all trading confined to the previous days range, an indecisive Inside Day. Trading close to the psychological 1.0000 level. The rally has posted an exhaustion count on the intraday chart. Immediate signals are hard to interpret. Bespoke support is located at 0.9963. The previous swing low is located at 0.9960. Reverse trend line support comes in at 0.9952. Preferred trade is to buy on dips.
Our profit targets will be 1.0037 and 1.0047
Resistance: 1.0000 / 1.0037 / 1.0047
Support: 0.9963 / 0.9960 / 0.9953
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