Filed Under:
Forex pairs in this Article » USD/CHF

eliottWaves_usd-chf_body_usdchf.png, USD/CHF .9080 Serves as Important Near Term PivotChart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader

-The line that extends off of the 2012 and February lows was broken last week. The underside of this level was resistance on Friday.

-Levels to pay attention to if the floor opens up…the 2012 low at .8930, 38.2% of the rally from 2011 low at .8862, and the October 2011 low at .8567.

Trading Strategy: Price is vulnerable below .9080. Above there would shift focus to .9145/75.

LEVELS: .8862 .8930 .8993 | .9080 .9145 .9175

original source
comments powered by Disqus