empty
 
 
08.05.2013 12:18 PM
GbpChf interim support at 1.44. Remain long for now

This image is no longer relevant

Technical outlook and chart setups:

The single currency pair pulled back after printing a high, marginally ahead of 1.4645 level yesterday. Nevertheless, this should not be a concern for bulls at the moment and can be viewed as a retracement before moving towards 1.47 and higher. As seen here, immediate interim support is at 1.44 level and till the time prices remain above this level, higher highs should be formed. On the lower side, supports are at 1.4075, 1.4030, and 1.4; while resistance is strong at 1.5 level, followed by 1.51 and higher up. Please note that 1.47 region is also re-enforced by past support turned resistance level, hence long positions should be closed at those levels.

Trading recommendations:

Hold long positions for now, stop is at 1.44, and targets are at 1.27 and 1.28.

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