USDCHF - Intraday - We look to Buy at 0.9223 (stop at 0.9196)
We look to buy dips.
Daily signals are bullish.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Pivot support is at 0.9213.
With signals for sentiment at oversold extremes, the dip could not be extended.
A higher correction is expected.
Our profit targets will be 0.9298 and 0.9338
Resistance: 0.9260 / 0.9280 / 0.9300
Support: 0.9230 / 0.9210 / 0.9200
We look to buy dips.
Daily signals are bullish.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Pivot support is at 0.9213.
With signals for sentiment at oversold extremes, the dip could not be extended.
A higher correction is expected.
Our profit targets will be 0.9298 and 0.9338
Resistance: 0.9260 / 0.9280 / 0.9300
Support: 0.9230 / 0.9210 / 0.9200
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