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Usd/Chf : 04/03/2015 Technical Analysis Report

4th March 2015 CFX Admin

Our Preference: Buy above 0.9580 with target of 0.9660 in extension
Alternative Scenario: Nill
 
Technical Commentary : In daily chart, Usd/Chf was trading in the Equidistance channel lines and its broken key resistance levels 0.9560 and its moving on towards to test equidistance upper channel line.
In 4 hour chart ,Usd/Chf was trading in equidistance channel lines and broken upper resistance line and now its trading with the support of lower trend line so we can buy near this support line and hold upto next key resistance level :- We have shown in image.
In 1 hour chart,Usd/Chf was moving small triangle pattern but today it will the triangle pattern and it will move towards to next key resistance level.


Technical Commentary : In daily chart, Usd/Chf was trading in the Equidistance channel lines and its broken key resistance levels 0.9560 and its moving on towards to test equidistance upper channel line.



In 1 hour chart,Usd/Chf was moving small triangle pattern but today it will the triangle pattern and it will move towards to next key resistance level.



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



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