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Usd/Chf : 17/03/2015 Technical Analysis Report

17th March 2015 CFX Admin

Our Preference: Sell Below 1.0110 level for the target of 1.0040 level.
Alternative Scenario: Buy above 1.0130 level for the target of 1.0230 level in extension
 
Technical Commentary : In daily chart, Usd/Chf was trading in the equidistant channel lines and its trading below key resistance level and UsdChf was formed new upper trend line as key resistance line, so we can sell near upper trend line and key resistance level.
In 4 hour chart and In 1 hour chart, Usd/Chf was trading in the triangle pattern and its trading between support and resistance levels.


Technical Commentary : In daily chart, Usd/Chf was trading in the equidistant channel lines and its trading below key resistance level and UsdChf was formed new upper trend line as key resistance line, so we can sell near upper trend line and key resistance level.



In 4 hour chart and In 1 hour chart, Usd/Chf was trading in the triangle pattern and its trading between support and resistance levels.



In 4 hour chart and In 1 hour chart, Usd/Chf was trading in the triangle pattern and its trading between support and resistance levels.



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