May 17

USD/CHF Technical Analysis- 05/April

By Praful Pata

USDCHF backed from 61.8% at 0.9208 from 0.9125 to 0.9340, extension 127.2% at 0.9396, 161.8% at 0.9470. USDCHF strong support is at 0.9176 if break of this support then next target will be 0.9125 on intraday. Break of 0.9282 resistance further going up side toward extension. In USDCHF minor resistance at 0.9252 break of this level further move up side toward 0.9310 on intraday.

Strategy: USDCHF buy 0.9235 target 0.9282, 0.9310 with stop loss 0.9152.

New High: 0.9246, 0.9281, 0.9265

New Low: 0.9176, 0.9211, 0.9195

Pivot Point: R3-0.9297, R2-0.9270, R1-0.9254, PP-0.9227, S1-0.9200, S2-0.9183, S3-0.9157.

 

 

Latest USDCHF
Last 0.9243
High 0.9340
Low 0.9177
5 day 0.9193
10 day 0.9142
20 day 0.9173
50 day 0.9341
100 day 0.9527
200 day 0.9830

 

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