USDCHF Weekly Technical Analysis (6-10 July, 2015) | July 4, 2015

Usdchf is facing resistance on 200 sma and 100 sma. This pair has pulled back near to this moving average. 0.9500-0.9530 area is good resistance zone for this pair. We can see horizontal resistance on that area. So below this level, we can expect more down on this pair. Now this pair is on bearish momentum, we can get some bearish rally on this pair. Target will be 0.9250 area.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.9638

Resistance One (R1): 0.9515

Pivot Point: 0.9376

Support One (S1): 0.9253

Support Two (S2): 0.9114