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Forex

6 november, 11:50
Franc cannot be defined …

chf

The fourth trading day auctions on the given currency pass in a price range 1.1570-1.1800. Last two hours level of resistance 1.1700 which and has not been break was tested.

chf

Stochastic specifies on overbuying that speaks about possible decrease in dollar/franc, but even to think of sales prematurely and risky as both on day and on 4õ the hour chart ascending trend remains.
For new orders opening on buy position meanwhile there are no accurate signals.

In an ideal - is better to wait breakdown resistance level 1.1800.

Resistance levels: 1.1700/10, 1.1730, 1.1760, 1.1800, 1.1820, 1.1840, 1.1860, 1.1900

Current price: 1.1666

Support levels: 1.1650 1.1610/00, 1.1560/50, 1.1530 1.1510/00, 1.1475 1.1440/30

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