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Usd/Chf : 07/12/2015 Technical Analysis Report

7th December 2015 CFX Admin

Our Preference: Buy above  0.9950 level for the target of  1.0120 levels.
Alternative Scenario: Nill
 
Technical Commentary : In Daily Chart :- Last week UsdChf was broken the major key support levels from new yearly high 1.0340 levels and reached 62% retracement so we can except some correction from last week low but the trend was changed to selling side :- which we have shown in attached  image.
In 4 Hour Chart :-  Usd/Chf was formed new lower trend line so we can buy near lower trend line or we can buy near intraday support levels and we can except correction on buying side :- which we have shown in attached  image.
In 1 Hour Chart :-  UsdChf was trading in the triangle pattern and trading above the key support level so we can above lower trend line and support levels and except upto next resistance levels :- which we have shown in attached  image.


Technical Commentary : In Daily Chart :- Last week UsdChf was broken the major key support levels from new yearly high 1.0340 levels and reached 62% retracement so we can except some correction from last week low but the trend was changed to selling side :- which we have shown in attached image.



In 4 Hour Chart :- Usd/Chf was formed new lower trend line so we can buy near lower trend line or we can buy near intraday support levels and we can except correction on buying side :- which we have shown in attached image.



In 1 Hour Chart :- UsdChf was trading in the triangle pattern and trading above the key support level so we can above lower trend line and support levels and except upto next resistance levels :- which we have shown in attached image.



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