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Usd/Chf : 11/03/2015 Technical Analysis Report

11th March 2015 CFX Admin

Our Preference: Buy above 0.9970 with target of 1.0040 in extension
Alternative Scenario: Nill
 
Technical Commentary : In daily chart, Usd/Chf was trading in the Equidistance channel lines and safely reached upper channel line and its reached key resistance horizontal line.
In 4 hour chart,Usd/Chf was trading in equidistance channel lines and miving towards upper channel line and key resistance line 1.0050, In 1 hour chart, Usd/chf was trading in the intraday equidistant channel lines, so we can buy near lower support lines with stoploss :- We have shown in image.


Technical Commentary : In daily chart, Usd/Chf was trading in the Equidistance channel lines and safely reached upper channel line and its reached key resistance horizontal line.



In 4 hour chart,Usd/Chf was trading in equidistance channel lines and miving towards upper channel line and key resistance line 1.0050, In 1 hour chart, Usd/chf was trading in the intraday equidistant channel lines, so we can buy near lower support lines with stoploss :- We have shown in image.



In 4 hour chart,Usd/Chf was trading in equidistance channel lines and miving towards upper channel line and key resistance line 1.0050, In 1 hour chart, Usd/chf was trading in the intraday equidistant channel lines, so we can buy near lower support lines with stoploss :- We have shown in image.



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