Signal_Centre
Short

USDCHF – Limited upside pressure

FX:USDCHF   U.S. Dollar / Swiss Franc
FX:USDCHF
OANDA:USDCHF
FOREXCOM:USDCHF
SAXO:USDCHF

USDCHF - 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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