FX & CFD trading involves significant risk
12:14 Tech on USD/CHF
Resistance 3: Chf0.9387 (January 7 high)
Resistance 2: Chf0.9373 (January 9 high)
Resistance 1: Chf0.9250 (MA (100) for H1)
Current price: Chf0.9226
Support 1: Chf0.9203/10 (January 8 low, MA (200) for H1)
Support 2: Chf0.9185 (MA(100) for H4)
Support 3: Chf0.9173 (January 3 low)
Comments: Despite yesterday's break through the resistance line, the pair could not continue its further growth, and fell, breaking the strong support line. In addition, we note that in view of such movement on the chart formed a triangle. By measuring the height (about 100 items), it is clear that the drop rate can continue to reach CHF0.9173.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.