empty
 
 
23.05.2012 10:52 AM
GBP/CHF Bulls Are in Control Now, Expect Rally to Extend - Technical Analysis and Trading Recommendations

This image is no longer relevant

 

Technical Outlook and Chart Setups:

As expected earlier, and depicted above, prices bounced back right after testing 1.4820 which is resistance that had turned into support now. It is also quite amazing to note that support trend line remains intact and prices bounce just shy of it. We expect prices to rally towards the D extension target at 1.5200 levels at least. Please consider all dips as buy for the single currency pair till 1.4800 is intact.

Trade Recommendations:

Buy around 1.4820/50, Stop at 1.4750, targetting at 1.5200 at least.

 

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 $8000 more!
    In March we raffle $8000 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