USDCHF to breakdown?

6월 7일

USDCHF - Intraday

We look for losses to be extended today.
There is no clear indication that the downward move is coming to an end.
Short term momentum is bearish.
0.8884 has been pivotal.
A break of the recent low at 0.8883 should result in a further move lower.

We look to Sell a break of 0.8879 (stop at 0.8907)
Our profit targets will be 0.8809 and 0.8789

Resistance: 0.8900 / 0.8920 / 0.8948
Support: 0.8883 / 0.8860 / 0.8840

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