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Usd/Chf : 23/02/2016 Technical Analysis Report

23rd February 2016 CFX Admin

Our Preference: Buy Above  0.9900 level for the target of  1.0070 levels.
Alternative Scenario: Nill
 
Technical Commentary : In Daily Chart :- UsdChf was broken the resistance level of horizontal line and closed above the resistance level and closed as bulish candle so further we can except on buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart  :- UsdChf was trading in the  equidistant channel lines and after testing the upper channel line its coming to test the lower channel line of support level so we can buy near lower channel line and except upto next key resistance level :- which we have shown in attached image.


Technical Commentary : In Daily Chart :- UsdChf was broken the resistance level of horizontal line and closed above the resistance level and closed as bulish candle so further we can except on buying side and we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.



In 4 Hour Chart and 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and after testing the upper channel line its coming to test the lower channel line of support level so we can buy near lower channel line and except upto next key resistance level :- which we have shown in attached image.



In 4 Hour Chart and 1 Hour Chart :- UsdChf was trading in the equidistant channel lines and after testing the upper channel line its coming to test the lower channel line of support level so we can buy near lower channel line and except upto next key resistance level :- which we have shown in attached image.



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