USD/CHF M5: 238 pips price movement by Brexit Referendum Final Results H4 intra-day price is breaking 200 SMA t above for the bullish breakout: the price is testing 15-day high at 0.9775 for the bullish reversal to be continuing.
USD/CHF: bearish breakdown. Daily price is on bearish breakdown with 0.9571 key support level and descending triangle pattern to be broken to below. if the price breaks 1.0091 resistance so the price will be reversed to the bullish market condition;if the price breaks 0.9571 support level so the primary bearish will be continuing;if not so the price will be moved within the channel. ...
W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging between Fibo support level at 0.9660 and Fibo resistance level at 1.0328. The price is breaking 50.0% Fibo resistance level at 0.9997 to above with the bullish triangle pattern was formed for the ascending trend to be continuing. If the price will break Fibo support level at 0.9660 so the reversal of the price movement from the primary ...
USD/CHF Technical Strategy: FlatSupport: 1.0118, 1.0010, 0.9902Resistance: 1.0185, 1.0239, 1.0293 The US Dollar continues to push higher against the Swiss Franc, with buyers extending the advance for a fifth consecutive day. Near-term resistance is at 1.0185, the 138.2% Fibonacci expansion, with a break above that on a daily closing basis exposing the 150% level at 1.0239. Alternatively, a reversal below the 123.6% Fib at 1.0118 clears the way for a challenge of the 100% expansion ...
Talking Points: USD/CHF Technical Strategy: FlatSupport: 0.9554, 0.9391, 0.9259Resistance:0.9654, 0.9723, 0.9817 The US Dollar turned lower against the Swiss Franc as expected having found resistance near the 0.9800 figure. Near-term support is at 0.9554, the 23.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 38.2% level at 0.9391. Alternatively, a turn above the 14.6% Fib at 0.9654 opens the door for a challenge of wedge ...
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