USDCHF Weekly Outlook (22 Oct - 26 Oct) 2012

USDCHF weekly technical analysis: capped by a falling trend line !

 

Recommendations: Sell positions around / below 0.9350 with targets @ 0.9260 & 0.9200. 
Comment: The key resistance 0.9330 / 0.9390 is supposed to cap any bullish correction!

Alternative Scenario : A daily close above 0.9440 would target 0.9700 levels.

Resistance: 0.9330,  0.9395,  0.9460

Support: 0.9260,  0.9200,  0.9130

Best Regards

Haitham

 

 

 

Views: 49

Tags: USD/CHF, USDCHF

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