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Farooq

Technical Analysis – USDCHF _ 07-03-2019

HomeTechnical AnalysisTechnical Analysis – USDCHF _ 07-03-2019
07
Mar
Technical Analysis – USDCHF _ 07-03-2019

A clear breach by the pair to the area resistance 1.0010 – 1.0025 during Tuesday trading to return during the day yesterday in an attempt to re-test and gather enough momentum upward as we note on the four-hour framework, it may be enough to activate the scenario of upward is located the first target around the resistance 1.0095, Pushing the price towards the next resistance around 1.0165 as the second target …

Going back below 0.9975 might be enough to negate the upside scenario and the pair could then return to the downside to be the targets around 0.9910 support as the first target and then 0.9840 as the second target.


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