USD/CHF, is it time for a reversal?

mario urlic forex usd-chf 31.03.

With the US dollar weakness in the market, this pair is also sank down. Is it time for a reversal from this level? Based on my view and this technical analysis, the pair is near support and reversal area. The low from yesterday is 0.9592 and the pair is sinking today again, searching for the new buyers near the same level. As I see, the stronger ones are bellow that level, near this trend line at 0.9550 and the big ones are placed at 0.9475/500. Yellen is doing a great job with the US dollar and it looks like that the US dollar is not favorable at the moment, but the technical always work, better then words. We will see!?

Advertisements

6 comments

  • Ecimovic Bojan

    oho evo ga long doduse okinut rucno na na 0.9502 posto bi me oto nalog koji je postavljen bio na 0.9500 prodao kao sto i jeste na drugom racunaru. Nadam se da ce ulaz izdrzati 30 pipsa je sl. Sada je samo pitanje dokle ce izdrzati ima li neko ideju?

    Like

  • Ecimovic Bojan

    Pozdrav,

    ja i dalje pratim i nadam se da ce moj nalog na cekanju koji se nalazi na 0.95 okinuti ali sada malo i sumnjam da sa danasnjom svecom mozda long ode i bez nas,, jer ono sto ja nisam napisao jer je nezgodno bez mogucnosti postavljanja slika je da glavni suport koji imamo, se nalazi u vidu kanala koji se crta tako sto se spoje pikovi od 13.4.15 do 29.1.16 i prekopiraju na 7. i 14.5 2015 kako se i formira donja linija kanala koja je overena sto malo komplikuje i udara neizvesnost 😉

    Like

  • Ecimovic Bojan

    Pozdrav mene jedino plasi sutrasnji NFP ako ne gresim.

    Liked by 1 person

    • Ovo je samo za tebe, pa ti vidi. 😉

      Like

  • My view is a fall in the 0.9495 zone, and next a reversal up to 1.00 level.

    Liked by 2 people

    • Is not 0.9495 but is 0.9498 🙂

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s