USD/CHF remains bearish - Forex247

Latest

Keep Your Trading Simple and Smart

Wednesday, December 28, 2016

USD/CHF remains bearish

We remain bearish below 1.0268 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to 1.0200 resistance (Fibonacci projection, Fibonacci retracement, horizontal overlap support).

Stochastic (21,5,3) is seeing descending resistance pushing the price down.

Sell below 1.0268. Set stop loss at 1.0296 and take profit at 1.0200.

analytics586285d56ccf3.png

The material has been provided by InstaForex Company - www.instaforex.com

From www.instaforex.com http://ift.tt/2i3zvdG

No comments:

Post a Comment