ADVERTISEMENT



USD/CHF Intraday: the upside prevails 15-03-2016 by Orbex

orbex15032016 2

Pivot: 0.9800

Our preference: long positions above 0.9800 with targets @ 0.9895 & 0.9940 in extension.

Alternative scenario: below 0.9800 look for further downside with 0.9750 & 0.9725 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

 

Chart Caption
    Green Lines Represent Resistances
    Red Lines Represent Support Levels
    Light Blue is a Pivot Point
    Black represents the price when the report was produced

Source: www.orbex.com

Read 783 times

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Newsletter Subscription Form

You are more than welcome to subscribe to our Newsletter and be among the first who get to hear about regular updates on forex and other related news, brokers' updates, websites' changes and more!
I agree with the Terms and conditions and the Privacy policy
Thank you!