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ٹریڈنگ خبریں
24 Apr 2015
USD/CHF upside bias while above 0.9493 – Commerzbank
FXStreet (Barcelona) - Karen Jones, Head of Technical Analysis at Commerzbank, notes USD/CHF maintains an upside bias while the pair trades above 0.9493, with next resistance at 0.9754.
Key Quotes
“USD/CHF consolidated yesterday following recovery on Wednesday off key support offered by the April low at .9484 and 200 day ma at .9493 and this will need to hold for an upside bias to remain.”
“Initial resistance is the 0.9754 resistance line but the rebound will need to regain the .9862 peak to retarget 1.00 and above.”
“Only a close below .9484 would trigger losses towards the .9347 2nd February high and beyond.”
Key Quotes
“USD/CHF consolidated yesterday following recovery on Wednesday off key support offered by the April low at .9484 and 200 day ma at .9493 and this will need to hold for an upside bias to remain.”
“Initial resistance is the 0.9754 resistance line but the rebound will need to regain the .9862 peak to retarget 1.00 and above.”
“Only a close below .9484 would trigger losses towards the .9347 2nd February high and beyond.”