USD/CHF: Strong Bounce From The .9537 Low To Regain The .9600 Level

Discussion in 'Technical Analysis' started by Kaitlin, Aug 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Strong bounce from the .9537 low to regain the .9600 level and .9634 resistance clears the way for stronger recovery to retrace the 2-wk down-leg from .9844 high. Higher see scope to .9659 then the .9700 level. Would take break of the .9537/22 lows to see setback below the .9500 level and expose .9444 low to retest. [PL][​IMG]

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