USDCHF intraday forecast (technical side) 2016-03-08

8 March 2016, 15:32
oleksandr bilokon
0
52
Estimated level:
Support (S1 / S2 / S3 = 0,9889 / 63/21), resistance (R1 / R2 / R3 = 0,9973 / 99 / 1.0041).
Key resistance levels (1st from 0.9932 to 0.9944 late in the day, the 2nd of 0.9932 to 0.9969).
Reduced activity of bears that marked the indicator OsMa, planning provides the basis of trading correction.
Given the neutral position, orientation and Stochastics oscillator, expect a test of key levels where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term sales, on condition of formation of reversal signals, the target level is Up H4, and provided sample - calculated daily support levels (S1-w, S1, S2).
Short purchases are meaningful breakdown provided higher levels of key objectives to R1, R2.

Chart: http://bi0l.blogspot.com/2016/03/usdchf-intraday-forecast-technical-side_8.html 

Video details: https://youtu.be/ZvFLFJa0-cw
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