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Technical Analysis
Daily Technical Analysis Report From CentreForex
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[QUOTE="Centreforex, post: 93909, member: 36276"] [B]Usd/Chf : 16/12/2015 Technical Analysis Report From Centreforex Our Preference: Buy above 0.9850 for the target of 0.9960 levels. Alternative Scenario: Nill Technical Commentary : In Daily Chart :- After tresting the lower trend line UsdChf closed on higher side as bullich candle and UsdChf was broken the sideways movement on upper side of resistance level so we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. [IMG]https://charts.mql5.com/9/665/usdchf-d1-fxpro-financial-services-5.png[/IMG] In 4 Hour Chart :- Usd/Chf was broken the equidistant channel lines on upper side and its breaks the key resistance level of horizontal line so its confirming for buying side and its broken the sideways movement and its trading above resistance level so we can sell near resistance level and except upto next resistance level :- which we have shown in attached image. [IMG]https://charts.mql5.com/9/665/usdchf-h4-fxpro-financial-services.png[/IMG] In 1 Hour Chart :- UsdChf was trading in the the equidistant channel lines and its was trading near key support level of horizontal line so we can buy above the support level and except upto next key resistance level :- which we have shown in attached image. [IMG]https://charts.mql5.com/9/665/usdchf-h1-fxpro-financial-services-3.png[/IMG][/B] [/QUOTE]
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