Usd/Chf : 01/02/2016 Technical Analysis Report
1st February 2016
CFX Admin
Our Preference: Buy Above 1.0200 level for the target of 1.0270 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- UsdChf was trading in the equidistant channel line Last 6 Days UsdChf was formed as good support level and now previous resistance level acting as key support level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- UsdChf was trading with upper trend line and lower trend line and its trading above the resistance level so we can buy near support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading with lower trend line and trading above the resistance level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.
Technical Commentary : In Daily Chart :- UsdChf was trading in the equidistant channel line Last 6 Days UsdChf was formed as good support level and now previous resistance level acting as key support level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- UsdChf was trading with upper trend line and lower trend line and its trading above the resistance level so we can buy near support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading with lower trend line and trading above the resistance level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.