To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
Prices rose as expected after showing a Doji candle, completing a Falling Wedge pattern
Support is in the 0.9060-92 area (23.6% Fib, Wedge top); below that eyes the 0.90 figure
Resistance is in the 0.9194-0.9218 region (trend line from Feb’12, 38.2% Fib retracement)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
New to FX? START HERE
For live market updates, visit the Real Time News Feed
Forex: USD/CHF Technical Analysis ? Treading Water Sub-0.92
No comments:
Post a Comment