Thread: Usd/Chf
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Our main first resides at 0.9700, taking into account that the breach of 0.9405 and stabilizing below it will stop the positive expectations and put pressure on the price to achieve a further decline.
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Hovering dollar against the franc on the previously breached descending channel resistance level, and note that the price moves below this resistance now, but the positivity on Stochastic and the support provided by the SMA 50 are factors that encourage us to expect a bullish rebound and resume the upward trend again, which keeps the positive scenario exists and effective so far.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
USD/CHF. The bias remains bullish in the nearest term potentially testing 0.9515 area. A clear break above that area should trigger further bullish momentum targeting 0.9590 area. On the down side, immediate support is seen around 0.9420 area, a consistent break below that area would bring the bias back into neutral, furthermore testing 0.9360 area.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Keep the dollar against the franc on stability above breached descending channel resistance in advance, which turned into support now at 0.9440, as long as the price is above this level, the upside scenario will remain in place and effective in the coming period, the main objective of the first resides at 0.9700.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
US Dollar pair is still against the Swiss franc walking within the expected move him inside the channel emerging scale Frame four hours, and the pair is approaching the retest area or the focal region on the rising trend of price channel, which is considered a strong buy point stop loss is to break the channel to and the closing down and down the candle four hours and targeting 0.9540 then 0.9630 levels as objectives first and second, respectively.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
USD/CHF. The bias is bullish in the nearest term potentially testing 0.9560 area. A clear break above that area should trigger further bullish momentum targeting 0.9600 area. On the down side, immediate support is seen around 0.9440 area, a consistent break below that area would bring the bias back into neutral, furthermore testing 0.9390 area.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
SMA 50 supports the proposed positive expectations, which requires continued stability above 0.9455 and 0.9380 levels.
Expected trading range for today between 0.9455 support and 0.9650 resistance range
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
pair- usd/chf
time frame analysis- m15
the down movement of the price is hold at the support 0.9465 level and making double bottom chart pattern with the nick line of resistance at 0.9542 level. the price is now again up trend side. long with profit target at 0.9600 and stop loss at the 0.9490
good luck.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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