Weekly technical levels of USD/CHF for March 18-21, 2014

Weekly technical levels of the USD/CHF pair.

Notes:

We expect a range about 70 pips today. The risk of 70 pips must make a profit of 105 pips. The value of 50% Fibonacci retracement levels is 0.8751. The level of 0.8751 will confirm the bullish market. Volatility on March 27, 2014 is 92.76. As a rule, the market is highly volatile if the last day had a huge volatility.

Technical levels:

It should be noted that the price will be moving between 0.8700 and 0.8775 today. Projected high: 0.8870 Strong resistance (sell limit): 0.8865. At the price of 0.8865, the resistance will be. Current pivot: 0.8751 Breakout (sell stop): 0.8633. At the price of 0.8633, the support will be set. Projected low: 0.8603