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12:14 Tech on USD/CHF
Resistance 3: Chf0.9210/17 (MA (200) for the H4, 61.8% for FIBO (CHF0.9127-CHF0.9273))
Resistance 2: Chf0.9200 (psychological level, 50% at FIBO (CHF0.9127-CHF0.9273))
Resistance 1: Chf0.9183 (38.2% for the FIBO (CHF0.9127-CHF0.9273))
Current price: Chf0.9165
Support 1: Chf0.9127 (session low)
Support 2: Chf0.9082/89 (December 20 and 31 low)
Support 3: Chf0.9040 (May 1 low)
Comments: After a sharp fall yesterday, today corrected pair, which allows us to build a hypothetical channel. Against this background, we note that in the short term, the currency tends to be the upper boundary of the channel. Meanwhile, to this idea at first confirmed the pair will have to overcome significant level of 50% FIBO.
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