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Usd/Chf : 11/01/2016 Technical Analysis Report

11th January 2016 CFX Admin

Our Preference: Buy Above 0.9940 level for the target of  1.0020 levels.
Alternative Scenario: Sell Below 1.0020 level for the target of  0.9940 levels.
 
Technical Commentary : In Daily Chart :- Last Day UsdChf  was tested the lower trend line of  the triangle pattern and its was tested the key support level of horizontal line, now previous lower trend line acting as key support level so we can buy near support level and except upto next key resistance level of upper trend line :- 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 was trading in the triangle pattern  so we can buy near support level and except upto next key resistance level of upper trend line :- which we have shown in attached  image.
In 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and its was trading with the key support level of horizontal line now its was trading near upper channel line so we can sell near upper channel line and except upto key support levels line :- which we have shown in attached  image.


Technical Commentary : In Daily Chart :- Last Day UsdChf was tested the lower trend line of the triangle pattern and its was tested the key support level of horizontal line, now previous lower trend line acting as key support level so we can buy near support level and except upto next key resistance level of upper trend line :- 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 was trading in the triangle pattern so we can buy near support level and except upto next key resistance level of upper trend line :- which we have shown in attached image. In 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and its was trading with the key support level of horizontal line now its was trading near upper channel line so we can sell near upper channel line and except upto key support levels line :- which we have shown in attached image.Technical Commentary : In Daily Chart :- Last Day UsdChf was tested the lower trend line of the triangle pattern and its was tested the key support level of horizontal line, now previous lower trend line acting as key support level so we can buy near support level and except upto next key resistance level of upper trend line :- 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 was trading in the triangle pattern so we can buy near support level and except upto next key resistance level of upper trend line :- which we have shown in attached image. In 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and its was trading with the key support level of horizontal line now its was trading near upper channel line so we can sell near upper channel line and except upto key support levels line :- which we have shown in attached image.



Technical Commentary : In Daily Chart :- Last Day UsdChf was tested the lower trend line of the triangle pattern and its was tested the key support level of horizontal line, now previous lower trend line acting as key support level so we can buy near support level and except upto next key resistance level of upper trend line :- 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 was trading in the triangle pattern so we can buy near support level and except upto next key resistance level of upper trend line :- which we have shown in attached image. In 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and its was trading with the key support level of horizontal line now its was trading near upper channel line so we can sell near upper channel line and except upto key support levels line :- which we have shown in attached image.



Technical Commentary : In Daily Chart :- Last Day UsdChf was tested the lower trend line of the triangle pattern and its was tested the key support level of horizontal line, now previous lower trend line acting as key support level so we can buy near support level and except upto next key resistance level of upper trend line :- 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 was trading in the triangle pattern so we can buy near support level and except upto next key resistance level of upper trend line :- which we have shown in attached image. In 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and its was trading with the key support level of horizontal line now its was trading near upper channel line so we can sell near upper channel line and except upto key support levels line :- which we have shown in attached image.



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