USDCHF Sell a break setup.
USDCHF - Intraday - We look to Sell a break of 0.9208 (stop at 0.9231)
Short term bias has turned negative.
20 4hour EMA is at 0.9259.
50 4hour EMA is at 0.9258.
The trend of higher intraday lows has also been broken.
We look for losses to be extended today.
Our profit targets will be 0.9142 and 0.9102
Resistance: 0.9250 / 0.9270 / 0.9300
Support: 0.9220 / 0.9200 / 0.9170
Short term bias has turned negative.
20 4hour EMA is at 0.9259.
50 4hour EMA is at 0.9258.
The trend of higher intraday lows has also been broken.
We look for losses to be extended today.
Our profit targets will be 0.9142 and 0.9102
Resistance: 0.9250 / 0.9270 / 0.9300
Support: 0.9220 / 0.9200 / 0.9170
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