Aug 4, 2013

USDCHF



The pair declined again on Friday and broke the 0.9305 level. On Monday, more than likely continue to reduce the level of refinement to 0.9203, but in case of breakdown of the level 0.9305 will start to buy again.


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 Analyze for USDCHF is bearish on H1 time frame, confirmed by price under 0.9386 and under MA200 is for short area.

today SNR for USDCHF :

R3 : 0.9527
R2 : 0.9449
R1 : 0.9409
PV : 0.9331
S1 : 0.9291
S2 : 0.9213
S3 : 0.9173

MA(200) 0.9319

Next target maybe hit S2 : 0.9213

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