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Usd/Chf : 21/01/2016 Technical Analysis Report

21st January 2016 CFX Admin

Our Preference: Sell Below 1.0060 level for the target of  0.9990 levels.
Alternative Scenario: Nill
 
Technical Commentary : In Daily Chart and 4 Hour Chart :- UsdChf  was  trading in the triangle pattern and yesterday its tested the upper trend line and its was trading in the sideways movement between key resistance and key support levels now its was trading near upper trend line so we can sell near upper trend line and except upto next key support level of lower trend line :- which we have shown in attached  image.
In 1 Hour Chart :- UsdChf was trading between key resistance level of upper trend line and key support level of lower trend line and so we can sell near resistance level and except upto next key support level :- which we have shown in attached  image.
 


Technical Commentary : In Daily Chart and 4 Hour Chart :- UsdChf was trading in the triangle pattern and yesterday its tested the upper trend line and its was trading in the sideways movement between key resistance and key support levels now its was trading near upper trend line so we can sell near upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.



Technical Commentary : In Daily Chart and 4 Hour Chart :- UsdChf was trading in the triangle pattern and yesterday its tested the upper trend line and its was trading in the sideways movement between key resistance and key support levels now its was trading near upper trend line so we can sell near upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.



In 1 Hour Chart :- UsdChf was trading between key resistance level of upper trend line and key support level of lower trend line and so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.



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