fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for CHF Fri Jan 10, 2014 9:48 am | |
| Technical Analysis for CHF The pair failed to remain stable above 0.9080 represented in 61.8% correction showing on graph. Despite that the failure weakens positivity but our positive expectations remain valid as Linear Regression Indicators are still showing a possibility of an upside move again, and we will depend of stabilizing above the psychological level 0.9000 to keep the positive expectations. Support: 0.9025, 0.9000, 0.8970, 0.8935, 0.8900 Resistance: 0.9080, 0.9110, 0.9155, 0.9200, 0.9255 Recommendation Based on the charts, buy the pair above 0.9065 targeting 0.9110, 0.9155 then 0.9200 and stop-loss below 0.9000 | |
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