USDCHF Buy a break setup.
USDCHF - Intraday - We look to Buy a break of 0.9025 (stop at 0.9008)
A bullish reverse Head and Shoulders has formed.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Previous support, now becomes resistance at 0.9080.
Pivot resistance is at 0.9019.
Our profit targets will be 0.9074 and 0.9094
Resistance: 0.9020 / 0.9050 / 0.9080
Support: 0.9000 / 0.8985 / 0.8960
A bullish reverse Head and Shoulders has formed.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Previous support, now becomes resistance at 0.9080.
Pivot resistance is at 0.9019.
Our profit targets will be 0.9074 and 0.9094
Resistance: 0.9020 / 0.9050 / 0.9080
Support: 0.9000 / 0.8985 / 0.8960
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