Daily analysis of USD/CHF for March 9, 2018 888011000 110888 USD/CHFThis trading instrument has actually been going upwards, and it has gone beyond the initial short-term targets. Price is now above the support level at 0.9500, going to the resistance level at 0.9550. There are other targets at the resistance levels at 0.9600 and 0.9650, which could be reached within today and next week. The EMA 11 is above the EMA 56, and the Williams’% Variety period 20 is in the overbought area. There is a Bullish Verification Pattern on the 4-hour chart, which indicate further bullishness in the market.The product has actually been supplied by InstaForex Business- www.instaforex.com

By | March 9, 2018

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