USDCHF to find resistance at previous support?

7 мар. 2023 г.

USDCHF - Intraday - We look to Sell at 0.9348 (stop at 0.9375)

Short term bias has turned negative.
Our bespoke support of 0.9341 has been clearly broken.
Previous support at 0.9340 now becomes resistance.
50 4hour EMA is at 0.9350.
20 4hour EMA is at 0.9349.
Preferred trade is to sell into rallies.

Our profit targets will be 0.9281 and 0.9271

Resistance: 0.9315 / 0.9340 / 0.9360
Support: 0.9295 / 0.9275 / 0.9260

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