USD/CHF Trades to Lowest Level Since Mid-February

| 13 juni, 2013 | 0 kommentarer

Weekly

eliottWaves_usd-chf_body_usdchf.png, USD/CHF Trades to Lowest Level Since Mid-February

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Are you new to FX or curious about your trading IQ?

FOREXAnalysis: The USDCHF drop below .9205 wipes out the divergence that was in place with the EURUSD (new EURUSD high and not a new USDCHF low). There isn’t much room until the 2013 low at .9023 (and this just 3 weeks after price was at the 2013 high). I’m back to looking for a low (was stopped out today). Watch the trendline that extends off of the October 2011 and 2013 lows (just below current price). Specific prices to keep in mind are .9138/49 (open for the year and 2/12 low) and the 2/1 close (low for the year) at .9073.

FOREXTrading Strategy: stopped out today…looking for a low the next few days

LEVELS: .9021 .9073 .9138 .9248 .9290 .9333

Taggar: ,

Kategori: Analys från DailyFX

Om skribenten ()

DailyFX från FXCM ger dig dagligen färska tekniska analyser på valuta och råvaror. FXCM är en ledande handelsplattform för trading av finansiella tillgångar med kraftfulla verktyg för alla sorters handel.

Lämna ett svar

Din e-postadress kommer inte publiceras. Obligatoriska fält är märkta *