USDCHF Sell a break setup.
USDCHF - Intraday - We look to Sell a break of 0.8847 (stop at 0.8865)
Rallies should be capped by yesterday's high.
We look for losses to be extended today.
Daily signals are bearish.
Short term MACD has turned negative.
Our outlook is bearish.
Our profit targets will be 0.8795 and 0.8761
Resistance: 0.8880 / 0.8900 / 0.8920
Support: 0.8850 / 0.8820 / 0.8800
Rallies should be capped by yesterday's high.
We look for losses to be extended today.
Daily signals are bearish.
Short term MACD has turned negative.
Our outlook is bearish.
Our profit targets will be 0.8795 and 0.8761
Resistance: 0.8880 / 0.8900 / 0.8920
Support: 0.8850 / 0.8820 / 0.8800
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