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Usd/Chf : 02/03/2015 Technical Analysis Report

2nd March 2015 CFX Admin

Our Preference: Buy above 0.9540 with target of 0.9600 in extension
Alternative Scenario: Nill
 
Technical Commentary: In weekly chart,Usd/Chf was trading near upper trend line and key resistance line.
In daily chart,Usd/Chf was trading in the Equidistance channel lines and its broken key resistance levels 0.9540 and its moving on towards of next key resistance level 0.9600.
In 4 hour chart ,Usd/Chf was trading in equidistance channel lines and broken intraday upper trend line and now this upper trend line acting as key support line so we can buy near this support line and hold upto next key resistance level of 0.9600 :- We have shown in image.
In 1 hour chart,Usd/Chf was broken triangle pattern on upper side and moving towards to key resistance level.


In daily chart,Usd/Chf was trading in the Equidistance channel lines and its broken key resistance levels 0.9540 and its moving on towards of next key resistance level 0.9600.



Technical Commentary: In weekly chart,Usd/Chf was trading near upper trend line and key resistance line.



In 1 hour chart,Usd/Chf was broken triangle pattern on upper side and moving towards to key resistance level.



In 4 hour chart ,Usd/Chf was trading in equidistance channel lines and broken intraday upper trend line and now this upper trend line acting as key support line so we can buy near this support line and hold upto next key resistance level of 0.9600 :- We have shown in image.



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