Usd/Chf : 28/12/2015 Technical Analysis Report
28th December 2015
CFX Admin
Our Preference: Buy Above 0.9870 level for the target of 0.9950 levels.
Alternative Scenario: Nill
Technical Commentary : In Daily Chart :- UsdChf was trading near the lower trend line and its trading below key resistance level, If key resistance of horizontal line breaks means we can except on buying side so today we can expect on buying side from support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was trading in the sideways movement between key resistance and key support levels and its trading near lower trend line and trading above the key support level of horizontal line so we can buy near lower trend line and except upto next resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading with lower trend line and we got closing above the lower trend line and its was trading in the sideways movement between key resistance and key support level so we can buy near support levels and except upto next resistance level .
Technical Commentary : In Daily Chart :- UsdChf was trading near the lower trend line and its trading below key resistance level, If key resistance of horizontal line breaks means we can except on buying side so today we can expect on buying side from support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was trading in the sideways movement between key resistance and key support levels and its trading near lower trend line and trading above the key support level of horizontal line so we can buy near lower trend line and except upto next resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading with lower trend line and we got closing above the lower trend line and its was trading in the sideways movement between key resistance and key support level so we can buy near support levels and except upto next resistance level .