Centreforex
CentreForex.com Representative
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Usd/Chf : 11/05/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 0.9400 and 0.9500 levels for the target of 0.9280 levels.
Alternative Scenario: Nill
Technical Commentary : In weekly Chart :- Last Usd/Chf was closed on higher side like hammer pattern and the pair closed above the resistance level 0.9300 and so we can except upto next key resistance level 0.9500 levels,
In Daily Chart :- Usd/Chf was trading in the triangle pattern and major key support 0.9500 level also broken, so we can sell below key resistance level 0.9500.
In 4 hour chart :- Usd/Chf was broken the equidistance channel lines on upper side so we can except buyoff upto next resistance level 0.9500.
In 1 hour chart:- UsdChf was trading in the triangle pattern and now its trading above the intraday key resistance level so we can sell near upper trend line and below key resistance level 0.9500 :- we have shown in above image.
Our Preference: Sell Below 0.9400 and 0.9500 levels for the target of 0.9280 levels.
Alternative Scenario: Nill
Technical Commentary : In weekly Chart :- Last Usd/Chf was closed on higher side like hammer pattern and the pair closed above the resistance level 0.9300 and so we can except upto next key resistance level 0.9500 levels,
In Daily Chart :- Usd/Chf was trading in the triangle pattern and major key support 0.9500 level also broken, so we can sell below key resistance level 0.9500.
In 4 hour chart :- Usd/Chf was broken the equidistance channel lines on upper side so we can except buyoff upto next resistance level 0.9500.
In 1 hour chart:- UsdChf was trading in the triangle pattern and now its trading above the intraday key resistance level so we can sell near upper trend line and below key resistance level 0.9500 :- we have shown in above image.