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Usd/Chf : 24/04/2015 Technical Analysis Report

24th 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 as Engulfing pattern and UsdChf was bouncing back from 3rd lower testing of 0.9500, so we can buy above the key support levels 0.9500 level with stoploss below 0.9440 level :- we have shown in above image.
In 4 hour chart and In 1 hour chart UsdChf was trading in the triangle pattern and trading above key support level 0.9500 and UsdChf was trading in the range bound pattern so its confirming for buying zone levels so we can buy near lower trend line with tight stoploss :- 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 as Engulfing pattern and UsdChf was bouncing back from 3rd lower testing of 0.9500, so we can buy above the key support levels 0.9500 level with stoploss below 0.9440 level :- we have shown in above image.



In 4 hour chart and In 1 hour chart UsdChf was trading in the triangle pattern and trading above key support level 0.9500 and UsdChf was trading in the range bound pattern so its confirming for buying zone levels so we can buy near lower trend line with tight stoploss :- we have shown in above image.



In 4 hour chart and In 1 hour chart UsdChf was trading in the triangle pattern and trading above key support level 0.9500 and UsdChf was trading in the range bound pattern so its confirming for buying zone levels so we can buy near lower trend line with tight stoploss :- we have shown in above image.



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