Yesterday's bearish call – after Monday’s failure at a daily Marabuzo line – had some modest success. But trading was quiet. USDCHF fluctuated around the Marabuzo line and the 13 day mvg avg with all trading confined tightly within the preceding day’s range. So immediate signals for sentiment cannot be strong but with the Bearish Evening Star pattern in the background we continue to look lower.
Sell at .9920 and .9952
Stop is .9973 bid.
Targets - .9898, .9871 and .9855.
Closes 4pm London time