USDCHF - Intraday - We look to Sell at 0.9398 (stop at 0.9422)
With signals for sentiment at overbought extremes, the rally could not be extended.
A higher correction is expected.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bespoke resistance is located at 0.9400.
Our profit targets will be 0.9325 and 0.9276
Resistance: 0.9380 / 0.9400 / 0.9420
Support: 0.9350 / 0.9325 / 0.9300
With signals for sentiment at overbought extremes, the rally could not be extended.
A higher correction is expected.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bespoke resistance is located at 0.9400.
Our profit targets will be 0.9325 and 0.9276
Resistance: 0.9380 / 0.9400 / 0.9420
Support: 0.9350 / 0.9325 / 0.9300
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