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Usd/Chf : 02/02/2017 Technical Analysis Report

3rd February 2017 CFX Admin

Our Preference: Buy above 09980 for the target of  1.0050 levels
Our Preference: Sell Below 0.9960 for the target of 0.9920
Alternative Scenario: Nill
 
Technical Commentary: In Daily Chart :- UsdChf was trading in the equidistant channel line and its was trading below key support level of horizontal line so we can sell below key resistance level and except upto next key support level :- which we have shown in attached image. 
In 4 Hour Chart :- UsdChf was trading in the equidistant channel line and its safely reached the lower trend line and still it was trading below the key support level of horizontal line and if breaks the key resistance means we can except buy off  so we can keep stoploss above resistance level and we can go selloff and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading in the equidistant channel line and its was trading with lower trend line and its trades below the key support level of horizontal line so we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.


Technical Commentary: In Daily Chart :- UsdChf was trading in the equidistant channel line and its was trading below key support level of horizontal line so we can sell below key resistance level and except upto next key support level :- which we have shown in attached image.



In 4 Hour Chart :- UsdChf was trading in the equidistant channel line and its safely reached the lower trend line and still it was trading below the key support level of horizontal line and if breaks the key resistance means we can except buy off so we can keep stoploss above resistance level and we can go selloff and except upto next key support level :- which we have shown in attached image.



In 1 Hour Chart :- UsdChf was trading in the equidistant channel line and its was trading with lower trend line and its trades below the key support level of horizontal line so we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.



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