USDCHF intraday forecast (technical side) 2016-03-29

29 March 2016, 12:14
oleksandr bilokon
Estimated level:
Support (S1 / S2 / S3 = 0,9724 / 08 / 0.9684) and resistance (R1 / R2 / R3 = 0,9772 / 0,9788 / 0,9812).
Key resistance levels (1st from 0.9758 to 0.9750 late in the day, the 2nd of 0.9769 to 0.9753).
Growing activity of bears that marked the indicator OsMa, on trial key levels, (up H4) and S1-m, and the formation of the trend (down H4) prefer to plan sales trading today.
Given the neutral position, orientation and Stochastics oscillator, expect a test levels (S1-m, EMA24,120, down H4), 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 signals a reversal from down H4, the target is calculated daily support levels (S1, S2), with the breakdown to (up H4) to S1-w, S3.

Alternative short-term purchases are meaningful breakdown provided above (down H4) with goals to 2 key levels, or levels R1 / R1-w / S2.


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