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USDCHF Weekly Technical Analysis | December 28, 2014



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USDCHF is still following uptrend line. This pair is now full bullish momentum. Next target will be 1.0000 area. But it is now facing little resistance near 0.9900 area. We need to wait for breakout of this area. This level can be good area for identification for next movement. If we can see any bearish sign on this level, then we can go for sell. If see any breakout, then we can go for buy on this pair.



Weekly Pivot, Support and Resistance


Resistance Two (R2): 0.9935

Resistance One (R1): 0.9904

Pivot Point: 0.9854

Support One (S1): 0.9823

Support Two (S2): 0.9748


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