USD/CHF Estimated Support at .9090-.9120

| 13 november, 2013 | 0 kommentarer

Daily

eliottWaves_usd-chf_body_usdchf.png, USD/CHF Estimated Support at .9090-.9120

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

The USDCHF is above the line that extends off of the Jul and Sep highs. At this point, both the EURUSD and USDCHF have traded through their Oct price extremes. The trend has changed.

-The 9/13 close remains uncovered at .9289. We saw how USDJPY and EURUSD responded to previously uncovered closes today so keep this level in mind.

Trading Strategy: .9090-.9150 was identified as the ideal pullback area. We have reached the upper end of that zone. The top side of the line that extends off of the July and Sep highs crosses .9120 on Thursday and decreases about 8 pips per day. Watch for support at that line.

LEVELS: .9044 .9091 .9133 | .9200 .9249 .9278

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 *