The breakout signal held up and the first target was reached. The second target was modified by the signals to 1.0051. It's important to check the signals in case there are any new alerts for updated signal information.
Below is this morning's SSI data along with a 4 hour chart of USD/CHF. We're nearing strong support level and the SSI numbers are becoming more positive so traders are trying to pick a bottom at this level. Since SSI is a contrarian indicator it signals a continuation of the USD/CHF to lower levels.
Below is this morning's SSI data along with a 4 hour chart of USD/CHF. We're nearing strong support level and the SSI numbers are becoming more positive so traders are trying to pick a bottom at this level. Since SSI is a contrarian indicator it signals a continuation of the USD/CHF to lower levels.