Good day traders,
How was the market today?, hope great?
Let’s go straight to our charts and see what Tuesday has for us.
1. USD/CHF
USD/CHF finally broke out of the 0.96304 support.
The bears should take price further down to 0.95671 which is the next support level. If you are taking this trade, a decent stop loss (0.96587) should be used, just in case price decides to be a little stubborn .
2. EUR/CHF
Price on EUR/CHF is currently consolidating around the support level (1.12404).
A breakout from this support level will see price go further down to rest on the next support (1.11845) and a rebound of price on the present support, will see level 1.13192 retested once more.
Do have a great day ahead.
