Thursday, March 13, 2014

USDCHF Forecast and coming Potential Support level

USDCHF Forecast and coming Potential Support level


Monthly Chart


Daily Chart



  • As we break previous support, There is a wide gap until I can see any support - (You maybe able to see on a weekly chart)
  • Using fibs retrace and ext, i have identified a potential strong support level which also is few pips BELOW possible supply demand area on the weekly chart.

Summary
If Market is to get to those areas, there would be a possible trend change perhaps (should see the US Dollar Index chart to confirm)

Cheers





No comments:

Post a Comment