empty
 
 
29.07.2013 09:09 AM
GBP/CHF buying opportunities at 1.4270/80

This image is no longer relevant

Technical outlook and chart /setups:

The single currency pair is carving out a potential long entry point, for the next leg up towards 1.45/1.46 levels. As discussed earlier, the 1.4270/80 level is the potential support with 0.618 Fibonacci support also crossing. It is recommended to remain long and also to add long positions at current levels 1.4270/80. Immediate chart resistance is at the 1.45 level while intermediary support is at the 1.42 level respectively. The overall structure might be suggesting a potential trend reversal from here on. The next big rally could possibly extend higher than the 1.5 level. Looking higher from here on.

Trade recommendations:

Remain long, add fresh positions as well, stop below 1.42, target open.

Good luck!

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • 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 $6000 more!
    In December we raffle $6000 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
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback