Technical and Theoretical Analysis for USDCHF:
Support Level:
S1: 0.9903, S2: 0.9857
Resistance Level:
R1: 0.9977, R2: 1.0042
My Signal:
For Short term trader:
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Buy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
For Long term trader:
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Sell !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
My Conclusion:
I think when market will open then we may see some downtrend market but next it will go down little bit then it will go up, for short term trader it looks potential buy and for long term trader I see potential sell of this pair.
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