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Usd/Chf : 19/03/2015 Technical Analysis Report

19th March 2015 CFX Admin

Our Preference: Sell below 1.0000 level for the target of 1.0040 level.
Alternative Scenario: Nill
 
Technical Commentary : In daily chart, After heavy fall on Jan15th ,yesterday we got some correction and its broken the major equidistant channel lines on lower side so its conforming for selling trend and its broken the triangle pattern on lower side, Now previous support line acting as the resistance line, so we can sell near the key resistance level 0.9980 levels.
In 4 hour chart and In 1 hour chart, Usd/Chf was broken the lower trend line and its conforming for the selling trend so we can sell near key resistance level.


Technical Commentary : In daily chart, After heavy fall on Jan15th ,yesterday we got some correction and its broken the major equidistant channel lines on lower side so its conforming for selling trend and its broken the triangle pattern on lower side, Now previous support line acting as the resistance line, so we can sell near the key resistance level 0.9980 levels.



In 4 hour chart and In 1 hour chart, Usd/Chf was broken the lower trend line and its conforming for the selling trend so we can sell near key resistance level.



In 4 hour chart and In 1 hour chart, Usd/Chf was broken the lower trend line and its conforming for the selling trend so we can sell near key resistance level.



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