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Technical analysis of the USD/CHF pair on June 4th, 2012
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#1 ⇑ Haut ⇑ 04-06-2012 09:04:06
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Technical analysis of the USD/CHF pair on June 4th, 2012
Commentary of the USD/CHF pair :
The pair USD/CHF made last friday a correction, pushing back the price below the support at 0.97.
The pair is now moving below its bullish slant (black line).
All indicators stay bullish.
We continue to advise long positions as far as 0.96 is support.
A return above 0.97 will comfort our bullish feeling.
The breakout of 0.98 will give a new buy signal and open the way towards 0.99.
In case of return below 0.96, we will be neutral between this level and 0.95.
The breakout of 0.95 will give a new buy signal.
The pair USD/CHF made last friday a correction, pushing back the price below the support at 0.97.
The pair is now moving below its bullish slant (black line).
All indicators stay bullish.
We continue to advise long positions as far as 0.96 is support.
A return above 0.97 will comfort our bullish feeling.
The breakout of 0.98 will give a new buy signal and open the way towards 0.99.
In case of return below 0.96, we will be neutral between this level and 0.95.
The breakout of 0.95 will give a new buy signal.
Index » Forex-Tribe Daily Technical analysis »
Technical analysis of the USD/CHF pair on June 4th, 2012
Pages: 1