Technically, the USDCHF status is overbought. The market shall slide back into bear trending and positioned to attack last Friday’s reversal low 0.9410. A close under 0.9445 projects a larger selling wave to 0.9378. Any corrections trapped inside Tuesday’s narrow congestion day will maintain bear forces.
Resistance 2 0.9527
Resistance 1 0.9502
Support 1 0.9470
Support 2 0.9445
Resistance 2 0.9527
Resistance 1 0.9502
Support 1 0.9470
Support 2 0.9445