empty
 
 
05.11.2012 02:58 PM
GbpChf Holds Resistance at 1.5100 Level

This image is no longer relevant

Technical Outlook and Chart Setups:

The single currency pair rose to resistance at 1.51 before reversing sharply on Friday. Charts are still pointing out that a top may be around the corner. Furthermore, the dropping resistance line is also passing through the same level, reinforced by the Fibonacci 0.618 resistance as well. It is recommended to add to short positions again around these levels. Only a convincing break above 1.5250 shall change scenario to bullish. Intermediary support is around 1.5800, while resistance is placed around 1.52 level.

Trading Recommendations:

Please hold short positions taken earlier and add further as close to 1.51 level. Stop at 1.5150. Target Open.

Good Luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback