USDCHF Weekly Technical Analysis (11-15 May,2015) | May 9, 2015

Usdchf has pulled back near from 61.8% fibo level. Near to that area, this pair has formed bullish pin bar. After that pin bar candle, this pair start bullish movement. We can expect bullish continuation from that pin bar. Our next target should be 0.9460 area. If we find this pair on deep, then we can buy again and target will be same for every buy entry on this pair.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.9606

Resistance One (R1): 0.9458

Pivot Point: 0.9264

Support One (S1): 0.9116

Support Two (S2): 0.8922