USDCHF intraday forecast (technical side) 2016-03-30

30 March 2016, 03:11
oleksandr bilokon
0
56
Estimated level:
Support (S1 / S2 / S3 = 0,9654 / 29 / 0.9589) and resistance (R1 / R2 / R3 = 0,9734 / 59/99).
Key resistance levels (1st from 0.9750 to 0.9721 late in the day, the 2nd of 0.9753 to 0.9708).
The sharp increase in activity bears that marked the indicator on OsMa breakdown levels (S1-m, up H4) and S1-w, prefer to plan sales and trading operations for today.
Given the state of the OS Oscillators Stochastics, expect a test levels (S1), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term sales, on condition of breakdown S1 and the further depreciation of the target is calculated daily support levels (S2, S3), but with the possible return of the rate of entry points for items on sale is recommended to choose the level of formation signals a reversal from (S1w broken, up H4 broken, down H4) to S1, S2, S3.

Alternative short-term purchases may have some merit, provided the return rate S1 to (S1-w broken, up H4 broken, down H4) and key levels.

Chart:http://bi0l.blogspot.com/2016/03/usdchf-intraday-forecast-technical-side_57.html 

Share it with friends: