USDCHF - Intraday - We look to Sell at 0.9269 (stop at 0.9291)
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Pivot resistance is at 0.9275.
The positive bias over recent days has stalled although selling pressure has been limited.
Rallies continue to attract sellers.
We look for a temporary move higher.
Our profit targets will be 0.9205 and 0.9195
Resistance: 0.9260 / 0.9275 / 0.9290
Support: 0.9240 / 0.9220 / 0.9200
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Pivot resistance is at 0.9275.
The positive bias over recent days has stalled although selling pressure has been limited.
Rallies continue to attract sellers.
We look for a temporary move higher.
Our profit targets will be 0.9205 and 0.9195
Resistance: 0.9260 / 0.9275 / 0.9290
Support: 0.9240 / 0.9220 / 0.9200
