USDCHF - Intraday - We look to Sell at 0.9227 (stop at 0.9246)
Pivot resistance is at 0.9240.
Bespoke resistance is located at 0.9230.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
With signals for sentiment at overbought extremes, the rally could not be extended.
Our profit targets will be 0.9171 and 0.9161
Resistance: 0.9210 / 0.9230 / 0.9240
Support: 0.9180 / 0.9160 / 0.9140
Pivot resistance is at 0.9240.
Bespoke resistance is located at 0.9230.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
With signals for sentiment at overbought extremes, the rally could not be extended.
Our profit targets will be 0.9171 and 0.9161
Resistance: 0.9210 / 0.9230 / 0.9240
Support: 0.9180 / 0.9160 / 0.9140
