USDCHF Buy a break setup.
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USDCHF - Intraday - We look to Buy a break of 0.8931 (stop at 0.8908)
Pivot resistance is at 0.8920.
A break of bespoke resistance at 0.8920, and the move higher is already underway.
There is scope for mild upward pressure at the open but we look for selling interest to resist gains.
Short term oscillators have turned positive.
The bias is to break to the upside.
Our profit targets will be 0.8997 and 0.9044
Resistance: 0.8925 / 0.8950 / 0.9000
Support: 0.8990 / 0.8950 / 0.8920
Pivot resistance is at 0.8920.
A break of bespoke resistance at 0.8920, and the move higher is already underway.
There is scope for mild upward pressure at the open but we look for selling interest to resist gains.
Short term oscillators have turned positive.
The bias is to break to the upside.
Our profit targets will be 0.8997 and 0.9044
Resistance: 0.8925 / 0.8950 / 0.9000
Support: 0.8990 / 0.8950 / 0.8920
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