USDCHF Sell the flag break.
USDCHF - Intraday - We look to Sell a break of 0.9047 (stop at 0.9069)
Daily signals are mildly bearish.
Price action is forming a bearish flag which has a bias to break to the downside.
A break of bespoke support at 0.9050, and the move lower is already underway.
We look for losses to be extended today.
Our profit targets will be 0.8984 and 0.8974
Resistance: 0.9065 / 0.9075 / 0.9100
Support: 0.9050 / 0.9030 / 0.9000
Daily signals are mildly bearish.
Price action is forming a bearish flag which has a bias to break to the downside.
A break of bespoke support at 0.9050, and the move lower is already underway.
We look for losses to be extended today.
Our profit targets will be 0.8984 and 0.8974
Resistance: 0.9065 / 0.9075 / 0.9100
Support: 0.9050 / 0.9030 / 0.9000
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