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Usd/Chf : 20/04/2015 Technical Analysis Report

20th April 2015 CFX Admin

Our Preference: Buy above 0.9500 levels for the target of 0.9600 and 0.9720 levels.
Alternative Scenario: Nill
 
Technical Commentary : In Daily chart :- UsdChf was trading in the triangle pattern and now it was trading near lower trend line and yesterday Usd Chf was closed on higher side as like hammer pattern so we can buy above the key support levels 0.9500 levels with stoploss below 0.9460 levels :- we have shown in above image.
In 4 Hour chart : UsdChf was trading in the range bound pattern and UsdChf was bouncing back from 3rd lower testing of 0.9500 so its confirming for buying zone levels :- we have shown in above image.
In1 Hour chart : UsdChf was trading in the equidistant channel lines with range bound pattern and triangle pattern :- we have shown in above image.


Technical Commentary : In Daily chart :- UsdChf was trading in the triangle pattern and now it was trading near lower trend line and yesterday Usd Chf was closed on higher side as like hammer pattern so we can buy above the key support levels 0.9500 levels with stoploss below 0.9460 levels :- we have shown in above image.



In 4 Hour chart : UsdChf was trading in the range bound pattern and UsdChf was bouncing back from 3rd lower testing of 0.9500 so its confirming for buying zone levels :- we have shown in above image.



In1 Hour chart : UsdChf was trading in the equidistant channel lines with range bound pattern and triangle pattern :- we have shown in above image.



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