Resistance: 0.9230 strong/0.9244 moderate/0.9264 minor Support: 0.9210 moderate/0.9196 minor/0.9176 minor USDCHF has a bearish bias though Hourly charts has formed a bullish reversal pattern Three Outside Up. With a strong resistance at 0.9230, the Pivot Point, just ahead of the pattern the preferred course of action is to wait for a push past 0.9230 before buying. Immediate target is 0.9244 then on to 0.9264. Stops should be placed below the patterns low. Learn more about the chart patterns
Here is the original post:
USDCHF Three Outside Up Hourly Chart
