Sunday, December 17, 2017

USDCHF during the day: Trends in remains bullish

USD / CHF during the day: Trends in remains bullish

Buy above 1.0055 with targets 1.0125 and 1.0160 points.

Our pivot point is at 1.0055.

Our preference: buy above 1.0055 with targets 1.0125 and 1.0160 points.

Alternative scenario: break down the level of 1.0055 will open the way to 1.0020 and 0.9975.

Analysis: Support is located at 1.0055, allowed asset to strengthen its position for some time.

Support and resistance levels:

1.0200 *

1.0160 **

1.0125 **

1.0084 closing Price

1.0055 ***

1.0020 ***

0.9975 **


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