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Moving in the uplink pair reached the resistance level otm.0.94883 rebounding went on consolidation.
Furthermore, we have two development strategies sobytiy.Sleduya movement in the channel "defend ourselves" from the support line and we storm otm.0.94883 head to the next level of resistance otm.0.95210., An alternative to the breakdown of the channel and the lower pair to the support level otm.0.93180.
Break of 0.8930 price level lowered the price support level 0.8900, from which the price formed a retreat. In case of breaking the resistance level of 0.8930, the downward momentum can be assumed that the terminal will raise the price to the resistance level 0.8965 Break of 0.8900 support will reduce the price to the support level 0.8860.
It began dollar versus the franc penetrate the pivotal resistance 0.9540 level process and achieved a four-hour closing above it, which provides an initial signals to activate the positive impact of the model double bottom referred to him in the last of our reports, reinforcing expectations of continued upward trend in the coming period, pending test 0.9700 initially.
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extreme support 0.9250 holding and now I am eyeing 0.9573 atleast coming this week and break above will confirm the bottom and then 0.9830 should be tested I would recommend wait for the support to broken aur wait for the confirmation of the 0.9573
Let see what come first patience will pay very soon
Regard
The USDJPY rose during the Asian session on Wednesday for the seventh day in a row, awaiting some data from the US economy represented by monthly house prices at 4 pm followed by the fifth Richmond Manufacturing Index.
Moving in the uplink pair reached the resistance level otm.0.94883 rebounding went on consolidation.
Furthermore, we have two development strategies sobytiy.Sleduya movement in the channel "defend ourselves" from the support line and we storm otm.0.94883 head to the next level of resistance otm.0.95210., An alternative to the breakdown of the channel and the lower pair to the support level otm.0.93180.
Today technical analysis of Usd/chf is sell
Resistance and supporting level is:
Resistance level first:0.9961
Resistance level 2nd : 0.9971
Resistance level 3rd: 0.9981
Supporting level first: 0.9937
Supporting level 2nd: 0.9927
Supporting level 3rd:0.9917
today's market technical analysis for USD/CHF
market trend is going bullish
the market have good position for buy
market resistance and support levels could as
current price =0.9943
1-Resistance level =0.9956
2-Resistance level = 0.9966
3-Resistance level = 0.9976
1-Support level =0.9928
2-Support level = 0.9918
3-Support level =0.9910
Technical analysis of the USD/CHF
According to H4 time Frame,
Today Market Trend seems to be : BEARISH
Today Resistance level is:
1> Resistance level is: 0.9951
2> Resistance level is: 0.9959
3> Resistance level is: 0.9967
Today supporting level is:
1> Supporting level is : 0.9932
2> Supporting level is : 0.9925
3> Supporting level is : 0.9917
Today usd/chf rate is 0.99420
In my observation the profitable next selling ponit will be 0.99310
and by my mind the profitable next buy point will be 0.99520
You will earn more money if you will follow my views
because i have posted this after checking the previous routine clearly
good luck