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Forex

19 november, 11:34
Franc. Not everything is to easy as it seems.

chf

During the  November, 18th auctions on Tuesday bulls all the same managed to break strong level of resistance 1.2000 but as it is visible considerable strengthening of the bull moods has not followed that guards a little.

As it is necessary to pay attention on oscillators which specify on considerable overbuying in the market.

chf

In the circumstances it is better to refrain from new orders opening as buying raise certain doubts (because of bulls weakness), and sales from current levels will be simply unreasonable in the absence of accurate signals of indicators.

Resistance levels: 1.2070/80 1.2100/10, 1.2140/50, 1.2170 1.2200/10, 1.2250, 1.2275

Current price: 1.2069

Support levels: 1.2050, 1.2030 1.2010/00, 1.1970, 1.1940 1.1910/00, 1.1870/60, 1.1850

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