USDCHF - Intraday - We look to Buy at 0.9613 (stop at 0.9588)
The bullish engulfing candle on the daily chart is positive for sentiment.
20 4 hour EMA is at 0.9613.
Price action is forming a bullish flag which has a bias to break to the upside.
We look for gains to be extended today.
Our profit targets will be 0.9673 and 0.9683
Resistance: 0.9640 / 0.9660 / 0.9690
Support: 0.9620 / 0.9600 / 0.9580
The bullish engulfing candle on the daily chart is positive for sentiment.
20 4 hour EMA is at 0.9613.
Price action is forming a bullish flag which has a bias to break to the upside.
We look for gains to be extended today.
Our profit targets will be 0.9673 and 0.9683
Resistance: 0.9640 / 0.9660 / 0.9690
Support: 0.9620 / 0.9600 / 0.9580
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