USD/CHF Opens at Low and Rebounds
Weekly
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader
-USDCHF gapped lower and opened several pips from its low before rallying to close New York trading several pips from its high.
-The weekly low for August (.9227) served as support as did the line that extends off of the 8/20 and 8/28 lows.
-Price is again trading around the line that extends off of the October 2011 and January 2013 lows.
Trading Strategy: Flat
LEVELS: .9146 .9173 .9245 | .9295 .9340 .9396
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