Usd/Chf : 25/02/2016 Technical Analysis Report
25th February 2016
CFX Admin
Our Preference: Sell Below 0.9900 level for the target of 09820 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- New upper trend line was formed on UsdChf and UsdChf was closed below the resistance level as bearish candle so further we can except on selling side and we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- UsdChf was trading in the triangle pattern and now it was trading near upper trend line so further we can except on selling side and we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading in the equidistant channel line and yesterday its was broken the sideways movement on lower side and it was trading below the resistance level so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
Technical Commentary : In Daily Chart :- New upper trend line was formed on UsdChf and UsdChf was closed below the resistance level as bearish candle so further we can except on selling side and we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading in the equidistant channel line and yesterday its was broken the sideways movement on lower side and it was trading below the resistance level so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- UsdChf was trading in the triangle pattern and now it was trading near upper trend line so further we can except on selling side and we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.