Our Preference: Buy Above 0.9600 for the target of 0.9720
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- UsdChf was fail to withstand below the lower trend line yesterday we got closing above the key support of lower trend line and its confirming for the buying side, so we can buy above the lower trend line and except upto next key resistance level of upper trend line :- which we have shown in attached image.
In 4 Hour Chart :- UsdChf was trading above the lower trend line and new upper trend line was formed so we can buy above the lower trend line and except upto next key resistance level of upper trend line :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading in the equidistant channel line and it was trading above the key support level so we can buy above the intraday resistance level and except upto next key resistance level of upper trend line of equidistant channel lines :- which we have shown in attached image.
In 1 Hour Chart :- UsdChf was trading in the equidistant channel line and it was trading above the key support level so we can buy above the intraday resistance level and except upto next key resistance level of upper trend line of equidistant channel lines :- which we have shown in attached image.
In 4 Hour Chart :- UsdChf was trading above the lower trend line and new upper trend line was formed so we can buy above the lower trend line and except upto next key resistance level of upper trend line :- which we have shown in attached image.
In Daily Chart :- UsdChf was fail to withstand below the lower trend line yesterday we got closing above the key support of lower trend line and its confirming for the buying side, so we can buy above the lower trend line and except upto next key resistance level of upper trend line :- which we have shown in attached image.
| 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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