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 Technical Analysis for CHF

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fxpulsation




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Join date : 2012-01-25

Technical Analysis for CHF Empty
PostSubject: Technical Analysis for CHF   Technical Analysis for CHF Icon_minitimeWed Mar 27, 2013 8:47 am

Technical Analysis for CHF

The pair is trading in great volatility around 0.9495 levels without stabilizing above it, accompanied by overbought signals on Stochastic. Meanwhile, Linear Regression Indicators are positive forcing us to prefer to remain neutral for the rest of the day waiting for the pair to stable again above 0.9495 or fail to do that.

Support: 0.9455, 0.9425, 0.9400, 0.9375, 0.9350
Resistance: 0.9495, 0.9515, 0.9570, 0.9610, 0.9655

Recommendation Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move


Technical Analysis for CHF Instaforex_mb_760x151_en
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