Wednesday, October 18, 2017

Post:0029 USD / CHF US DOLLAR / SWISS FRANC , October 18th 2017

For a pair is already moving in a major sideways & a major trading range on longer term approach & for over mud situation!! the price entered an area encased with uncertainty, but as a technical analyst I can only think of the possibilities in percentage term & I adopt the higher possibility.

Swissy find a reinforced !! resistance at 0.98140 , 0.98370 & 0.98610 & seller slope trend line connecting three peaks (Jan 2017, May 2017 & October 2017).

& the most likely support at 0.970500

I expect swissy to move lower.

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