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 Technical Analysis for USDCHF

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fxpulsation




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Join date : 2012-01-25

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PostSubject: Technical Analysis for USDCHF   Technical Analysis for USDCHF Icon_minitimeTue Mar 19, 2013 9:31 am

Technical Analysis for USDCHF

The USDCHF attempted to push lower yesterday, bottomed at 0.9415 but closed higher at 0.9471. The bias is neutral in nearest term. Overall I still prefer a bullish scenario with buy on dips strategy at least testing 0.9600 region. Immediate support is seen around 0.9450. A clear break below that area could trigger further bearish pressure testing 0.9415/00 – 0.9350 area.

Technical Analysis for USDCHF Instaforex_mb_760x151_en
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