USDCHF > Entry Point Analysis
USDCHF- 1W > 10/22/2017
IND: 20 SMA / 100 SMA
Broken resistance @ 0.9835 indicates further rise to 0.9990 testing w/20 SMA adding additional confirmation to uptrend.
Break of 0.9846 from weekly 100 SMA adds confirmation to upward momentum, IMO.
Break and Hold above 0.9990 indicates further rise to 1.0342 re-test resistance.
Key support @ 0.9736 with break and hold below would indicate decline toward 0.9587 re-test.
Personal bias: Bullish
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
IND: 20 SMA / 100 SMA
Broken resistance @ 0.9835 indicates further rise to 0.9990 testing w/20 SMA adding additional confirmation to uptrend.
Break of 0.9846 from weekly 100 SMA adds confirmation to upward momentum, IMO.
Break and Hold above 0.9990 indicates further rise to 1.0342 re-test resistance.
Key support @ 0.9736 with break and hold below would indicate decline toward 0.9587 re-test.
Personal bias: Bullish
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.