Our Preference: Sell below 1.0040 for the target of 0.9940 and 0.9860 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- UsdChf was trading above the 62% Fibonacci retracement level and its trading below the new upper trend line, last 5 days high acting as major resistance level so we can go sell below key resistance level and except upto next key support level :- which we have shown in attached image.
In Daily Chart :- UsdChf was trading above the 62% Fibonacci retracement level and its trading below the new upper trend line, last 5 days high acting as major resistance level so we can go sell below key resistance level and except upto next key support level :- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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