USDCHF to breakdown?

5 апр.

USDCHF - Intraday

The bearish engulfing candle on the 4 hour chart is negative for sentiment.
0.8999 has been pivotal.
A break of bespoke support at 0.9000, and the move lower is already underway.
We look for losses to be extended today.
A higher correction is expected.

We look to Sell a break of 0.8998 (stop at 0.9030)
Our profit targets will be 0.8918 and 0.8908

Resistance: 0.9030 / 0.9050 / 0.9070
Support: 0.9000 / 0.8970 / 0.8945

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