USDCHFUSDCHFUSDCHFUSDCHFUSDCHF - Intraday - We look to Sell at 0.9965 (stop at 1.0000)
A 5 wave bearish count has been completed at 0.9694. Intraday, and we are between bespoke support and resistance 0.9882-0.9965. The rally has posted an exhaustion count on the daily chart. We have a 50% Fibonacci pullback level of 0.9965 from 1.0237 to 0.9694. Preferred trade is to sell into rallies.
Our profit targets will be 0.9882 and 0.9845
Resistance: 0.9965 / 1.0000 / 1.0029
Support: 0.9882 / 0.9848 / 0.9800
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.