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Wednesday 25 February 2015

$USDCHF Is Consolidating On Higher Levels !

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SUMMARY : 

The primary trend of USD/CHF is bullish, prices are taking resistance of  falling trend line & consolidating on higher levels with a positive bias. Today if the pair breaks the level of  0.9535 & managed to sustain above it, then we can expect it to continue its ongoing trend & test the level of 0.9580 in today's session. RSI is sustaining in buying territory supporting upside movement in the pair. 
MACD line has recently break the zero line,indicating the up trend in the market.






USD/CHF ( HOURLY )

CHARTS & SIGNALS



STRATEGY : 

USD/CHF is looking further bullish on charts. One can go for buy on dips strategy for this pair for intra day to mid term positions.


PIVOT POINTS :


S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.1225
1.1256
1.1298
1.1329
1.1371
1.1402
1.1444
GBP/USD
1.5336
1.5368
1.5411
1.5443
1.5486
1.5518
1.5561
USD/JPY
117.44
118.09
118.54
119.19
119.64
120.29
120.74
USD/CHF
0.9404
0.9432
0.9468
0.9496
0.9532
0.9560
0.9596
AUD/USD
0.7660
0.7698
0.7765
0.7803
0.7870
0.7908
0.7975
EUR/GBP
0.7282
0.7298
0.7318
0.7334
0.7354
0.7370
0.7390
USD/CAD
1.2228
1.2352
1.2417
1.2541
1.2606
1.2730
1.2795
NZD/USD
0.7314
0.7367
0.7428
0.7481
0.7542
0.7595
0.7656






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