01-Jun-2015 9:21 PM IST
USDCHF
CMP 0.9469
Resistances:0.9542/1.0127/1.0238
Supports: 0.9071/0.7867
1. As long as USDCHF resisted by 0.9542, I expect to see 0.9307-0.9208.
2. If USDCHF supported by 0.9071, I expect to see 0.9542 again and further 0.9648, 0.9721, 0.9818-0.9832.
3. If USDCHF resisted by 1.0127, again I expect to see 0.9071 and further 0.8990, 0.8890, 0.86730, 0.8600, 0.8529.
4. As long as 0.7867 supports, Long term positional target 1.0238.
Trade Ideas:
1. Sell at cmp 0.9469, Max SL 0.9550, TGTs: 0.9307-0.9208.
2. Buy between 0.9310-0.9200, Max SL 0.9065, TGTs: 0.950, 0.9648, 0.9721, 0.9818-0.9832.
3. Sell between 0.9720-0.9850, Max SL 1.0127, TGTs: 0.9550, 0.9100, 0.8990, 0.8890, 0.86730, 0.8600, 0.8529.
4. Buy between 0.8730-0.8400, SL 0.7860, TGTs: 1.0200+.
USDCHF
CMP 0.9469
Resistances:0.9542/1.0127/1.0238
Supports: 0.9071/0.7867
1. As long as USDCHF resisted by 0.9542, I expect to see 0.9307-0.9208.
2. If USDCHF supported by 0.9071, I expect to see 0.9542 again and further 0.9648, 0.9721, 0.9818-0.9832.
3. If USDCHF resisted by 1.0127, again I expect to see 0.9071 and further 0.8990, 0.8890, 0.86730, 0.8600, 0.8529.
4. As long as 0.7867 supports, Long term positional target 1.0238.
Trade Ideas:
1. Sell at cmp 0.9469, Max SL 0.9550, TGTs: 0.9307-0.9208.
2. Buy between 0.9310-0.9200, Max SL 0.9065, TGTs: 0.950, 0.9648, 0.9721, 0.9818-0.9832.
3. Sell between 0.9720-0.9850, Max SL 1.0127, TGTs: 0.9550, 0.9100, 0.8990, 0.8890, 0.86730, 0.8600, 0.8529.
4. Buy between 0.8730-0.8400, SL 0.7860, TGTs: 1.0200+.
