empty
 
 

2017.04.2104:00:00UTC+00Fxwirepro: Sell Usd/chf on Rallies

  • USD/CHF taken support near 200 –day MA and jumped till 0.99945 yesterday. The pair  should break above 1.0024 (55- day EMA) for further bullishness.
     
  • The minor resistance is around 1.000 and any break above target 1.00240. Any break above 1.0024 will take the pair till 1.00489 (61.8% retracement of 1.0107 and 0.99409)/1.0120/1.0170.
     
  • Short term bearish invalidation only above 1.01700.
     
  • The near term support is around 0.9940 (200- MA) and any break below will drag the pair down till   0.9925 (61.8% retracement of 1.0107 and 0.98135)/0.9860.

    It is good to sell on rallies around 0.9985 with SL around 1.00240 for the TP of 0.9925/0.9860.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback