Technical and Theoretical analysis for USD/CHF.
Here is give the analysis with chart
Current Price of this pair, USD/CHF: 0.9451
Resistance: 0.9494, 0.9512, 0.9567
Support: 0.9430, 0.9423, 0.9350
According to the chart, the price is on downtrend and its clear that it has made a strong downtrend. There are few strong support with this pair, if it will hit 0.9423 then it will go down more pips and hit must 0.9350 and on the other hand if it will create a new trend with uptrend then it will must 0.9512 if it hit or touch 0.9494. So that there are possible both chance to go up and down.
With my trend based analysis now its sell time for short term like 50 pips then it will start to go up.
Buy for long term and sell for short term trader with little bit risk,
Happy trading![]()


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