Usd/Chf : 09/12/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 0.9950 level for the target of 0.9890 levels.
Alternative Scenario: Buy Above 09850 for the target of 0.9950 levels.
Technical Commentary : In Daily Chart :- UsdChf was trading with the lower trend line and last 3
days it was trading in the sideways movement and it was trading above the key support level so
today we can expect key support level of horizontal line :- which we have shown in attached image.
In 4 Hour Chart :- Usd/Chf was trading near lower trend line so we can buy near lower trend line or
if the lower trend line broken means we go head on selling side :- which we have shown in attached
In 1 Hour Chart :- UsdChf was trading with upper trend line and trading with lower trend line and its
trading below the resistance level of horizontal line so we can sell near upper trend line and we can
except upto next support levels :- which we have shown in attached image.