USD/CHF Morning Technical Report 25/11/2015
ecPulse
2015-11-25 12:24PM UTC
The USDCHF pair continued to approach 100% Fibonacci level, as it still trying to relieve momentum indicators, which show extreme overbought signals.
Today, we will be patient, watching the price behaviors until the pair proves finishing the aforesaid process.
We will not enter the market until USDCHF comes back above 1.0190 interim resistance.
On the downside, coming below 1.0080 –SMA20- will be a negative signal.
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