FX.co ★ USD/CHF: weekly technical levels for May 20 -- 24, 2013

Weekly technical levels:

Intraday technical levels:

Date & Time: 20/05/2013 12:50

Pair: USD/CHF

Projected High: 1.0085

Breakout (Buy Stop): 1.0030

Strong Resistance (Sell Limit): 1.0000

Current Pivot: 0.9640

Strong Support (Buy Limit): 0.9280

Breakout (Sell Stop): 0.9255

Projected Low: 0.9205

Observations:

If the trend is of an upside character, then the strength of the currency will be defined as following: USD is an uptrend and CHF is a downtrend.

Fibonacci retracement is used to determine accurate psychological levels of support and resistance. The period of time should be taken into account.