USD/CHF Technical Analysis
(US Dollar / Swiss Franc)

usdchf
usdchf


Updated the:
04/22/2014
USD/CHF : Return of the medium term uptrend ? Not yet...

Sentiment :
sentiment sur la parité AUD/USD
0.8838
sentiment sur la parité AUD/USD
0.8805
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair USD/CHF continues its correction. The price has broken yesterday the resistance at 0.8838, giving us a buy signal. A bullish slant seems give support on the medium term (dashed black line). However, you must remain cautious because the pair is about to test a major resistance at 0.8863.

We therefore advise to trade only long positions (buy) as far as 0.8838 is support. The breakout of 0.8863 will validate the bullish trend reversal on the medium term and should open the way towards 0.8906.

In case of return below 0.8838, we will advise to remain neutral between this level and 0.8805 (level of the bullish slant).
Full analysis

Analysis published by Bruno Dupray, the 04/22/2014 at 09h15 GMT+2


Chart of the pair USD/CHF - Timeframe 1H
USD/CHF Technical Analysis

Chart of the pair USD/CHF - Timeframe 4H
USD/CHF Technical Analysis

Live USD/CHF Chart - Timeframe : 1H*
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