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Usd/Chf : 29/12/2015 Technical Analysis Report

29th December 2015 CFX Admin

Our Preference: Buy Above 0.9870 level for the target of  0.9950 levels.
Alternative Scenario: Nill
 
Technical Commentary : In Daily Chart :- UsdChf  was trading in the triangle pattern and now its trading  near the lower trend line and last 4 days acting as the major key support level and  it was trading below key resistance level of horizontal line,If the  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 above the key support level of horizontal line so we can buy near lower trend line and except upto next resistance level :- which we have shown in attached  image.
In 1 Hour Chart :-  UsdChf was trading in the triangle pattern and it was  trading near lower trend line and its was trading in the sideways movement between key resistance and key support level so we can buy near support levels and except upto next resistance level .


Technical Commentary : In Daily Chart :- UsdChf was trading in the triangle pattern and now its trading near the lower trend line and last 4 days acting as the major key support level and it was trading below key resistance level of horizontal line,If the 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 above the key support level of horizontal line so we can buy near lower trend line and except upto next resistance level :- which we have shown in attached image.



In 1 Hour Chart :- UsdChf was trading in the triangle pattern and it was trading near lower trend line and its was trading in the sideways movement between key resistance and key support level so we can buy near support levels and except upto next resistance level .



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