USDCHF – Limited upside pressure

USDCHF
USDCHF
USDCHF
USDCHF

USDCHF - Intraday - We look to Sell at 0.9965 (stop at 1.0000)

A 5 wave bearish count has been completed at 0.9694. Intraday, and we are between bespoke support and resistance 0.9882-0.9965. The rally has posted an exhaustion count on the daily chart. We have a 50% Fibonacci pullback level of 0.9965 from 1.0237 to 0.9694. Preferred trade is to sell into rallies.
Our profit targets will be 0.9882 and 0.9845

Resistance: 0.9965 / 1.0000 / 1.0029
Support: 0.9882 / 0.9848 / 0.9800