Quantcast

Chart Alert: USDCHF And 200 Day Moving Average Resistance

February 26, 2013 3:35 am  in Chart Alert

+1
  

USD/CHF found resistance exactly at 200-day moving average again. If this resistance holds then a reversal may take place but if USD/CHF manages to break this resistance this time then it may try to test the psychological 0.9500. Please check the daily chart of USD/CHF:

On the down side the trend line support needs to be watched.

USD/CHF daily chart

USD/CHF daily chart - resistance at 200 day moving average

Author Info

Avatar of ForexAbode.com
ForexAbode.com
ForexAbode.com's analysts provide Forex market analysis based on technical, fundamental as well as psychological aspects. Apart from the daily and weekly Forex outlook posted on the respective pages, the outlook and news are also updated on the blog section. ForexAbode analysis is also featured on some of the leading financial news and analysis sites including International Business Times, MarketOracle, ForexStreet and more. Please use the comment form below or contact us page for any comments, suggestions or complaints. You may also write to us at contact(@)forexabode.com by removing the brackets in the email address or connect with us on Google+

Contributor Contact, Accountability and Policies

Leave a reply

Your email address will not be published. Required fields are marked *

2012 aj lee online free wordpress
Follow

Get every new post delivered to your Inbox

Join other followers