Forecast in the long term:
According to previous events, the USD/CHF pair has still been trapped between 0.8900 and 0.8873. Strong resistance will be formed at the level of 0.8900 providing a clear signal for sell deals with the targets seen at 0.8875 nad 0.8834. Stop-loss is to be placed above 0.8935. Strong support will be formed at the level of 0.8830 providing a clear signal for buy deals with the target seen at the 0.8895 level. Stop-loss is to be placed below 0.8810.Warnings:
Stop loss should never exceed your maximum exposure amounts. As a rule, the market is highly volatile if the previous day had huge volatility,Intraday technical levels:
Date and Time: 6/03/2014 11:23
Pair: USD/CHF
R3: 0.8907 R2: 0.8896 R1: 0.8882 PP: 0.8871 S1: 0.8857 S2: 0.8846 S3: 0.8832