Technical Commentary : In Daily Chart :- Yesterday UsdChf was trading above the lower trend line and its trading below key resistance leve, If key resistance of horizontal line breaks means we can except on buying side so today we can expect on buying side from support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was trading in the sideways movement between key resistance and key support levels and its trading near lower trend line and trading below the key resistance level so we can buy near lower trend line by keeping stoploss below last week low and except upto next resistance level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading below upper trend line and its trading in the sideways movement between key resistance and key support level so we have to wait until break out points
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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