US Dollar / Swiss Franc 02-11

The USDCHF has held trendline support. The line is unorthodox in that it connects 2nd waves at multiple degrees of trend. 11026-11091 is a target area. Favor the upside against 10607.

Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates at the DailyFX Forum. He is the author of [I]Sentiment in the Forex Market[/I]. Follow his intraday market commentary and trades at DailyFX Forex Stream. Send requests to receive his reports via email to [email protected].