USDCHF: Reached the 0.9455 target. Next stop 0.9535 by Jim Langlands

USD/CHF: 0.9455
US$Chf rallied in unison with the softer Euro today and finally reached our target at 0.9455, where it currently sits.Having broken above the problematic 0.9400 area, further progress for the dollar would see the path open up for a move, above 0.9500, and on towards 0.9534 (July 2013 high) and then to 0.9565 (76.4% Fibo level of 0.9838/0.8698).The downside will now see buyers at 0.9430 (minor) and again at 0.9400. Below here looks a bit unlikely today, but 0.9380 and 0.9360 would be levels to watch, and if seen, would be buy opportunities..
Meta Trader – AxiTrader USD/CHF:4 HourChf

 

The post USDCHF: Reached the 0.9455 target. Next stop 0.9535 appeared first on FX Charts Daily.

The post USDCHF: Reached the 0.9455 target. Next stop 0.9535 appeared first on www.forextell.com.

Leave a Reply