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FxWirePro: Buy USDCHF above 1.00210

USDCHF has halted its 5 day of loosing streak and shown a minor jump of nearly 40 pips from low of 0.99821 It has formed almost a double bottom around 0.99800. It is currently trading around 1.00162.

 

The pair has recovered till 1.00208 and is consolidating around that level. Any convincing break above 1.00210 (300- H EMA) confirms intraday bullishness and a jump till 1.0050/1.0100 is possible.Any break above 1.01285 confirms that it has formed bottom around 0.97160.

 

The near term weakness can be seen only below 0.9980 and any violation below targets 0.9950/0.9900. Minor bearishness below 0.9900 level.

 

It is good to buy above 1.00210 with SL around 0.9990 for the TP of 1.0060/1.0080.

 

 

 

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January 31 00:00 UTC 692589692589m

ARAnnual Primary Balance*

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2016 bln ARS

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January 22 19:00 UTC 704409704409m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 692589692589m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 692589692589m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 692589692589m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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