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MarketScreener Homepage  >  Currencies  >  US Dollar / Swiss Franc (USD/CHF)    USDCHF   

US DOLLAR / SWISS FRANC (USD/CHF)

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USD/CHF Breakout Attempt - Part 3

10/06/2016 | 04:20pm EST
DailyFX.com -

Daily

USD/CHF Breakout Attempt - Part 3

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Since May, USD/CHF has bounced between a 5 year trendline and parallel that relates to the November 2015-January 2016 trendline. A break of one of these barriers will indicate that the range underway since May is complete and that the next directional move is underway. Resistance levels to be aware of are .9850 and .9950.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk


original source

© FXCM 2016
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