Technical analysis of USD/CHF for February 6, 2014
February 6, 2014 5:40 am
Forecast:
According to the previous events, the price of the USD/CHF pair has still been moving between 0.9070 and 0.9003.
Buy above the 0.8950 price with the first target of 0.9040, it might resume to 0.9105.
Stop loss should be set below 0.8925.
Sell below the 0.9115 price with the first target of 0.9066; also, it will call for downtrend in order to continue its bearish movement towards 0.8973.
Stop loss should be placed at the level of 0.9145.
Intraday Technical Levels:
Date:6/02/2014
Pair:USD/CHF
Projected high: 0.9194
Breakout (buy stop): 0.9139
Strong resistance (sell limit): 0.9109
Current Pivot: 0.9030
Strong support (buy limit): 0.8950
Breakout (sell stop): 0.8925
Projected low: 0.8875
The material has been provided by InstaForex Company – www.instaforex.com
Forecast:
Intraday Technical Levels:
Date:6/02/2014
Pair:USD/CHF
Projected high: 0.9194
Breakout (buy stop): 0.9139
Strong resistance (sell limit): 0.9109
Current Pivot: 0.9030
Strong support (buy limit): 0.8950
Breakout (sell stop): 0.8925
Projected low: 0.8875
The material has been provided by InstaForex Company – www.instaforex.com
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