Up Trend
We should be moving up as long as (1.0110) is not broken.. USDCHF is heading upward as long as it remains above (1.0110) any four hours close above (1.0238) will open the way for the instrument to test the next resistance level at (1.0308). Any four hours bare close below (1.0110) will change instrument’s direction. Traders should consider buying every depth with a stop loss at (1.0110).
Currency Daily Profile
Daily 200 SMA 1.0753
Daily 100 SMA 1.0827
Daily 50 SMA 1.0419
Daily Stochastic 40.7299
10 Days ATR 0.0095
| Resistance | 1.0208 | 1.0238 | 1.0308 | 1.0338 | 1.0368 |
| Support | 1.0139 | 1.0094 | 1.0063 | 1.0033 | 1.0003 |
