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FX.co ★ Technical analysis of USD/CHF for February 13, 2014

Technical analysis of USD/CHF for February 13, 2014

We are recommending a buy call in this pair from January. It made a high at the level 0.9156 and started correcting. In the daily chart, RSI favour longs. Continuously, the pair was holding the 0.89 levels. It forms a good base around that levels. In Asia's trading session the pair is trading at the level of 0.9001. The positional basis is to buy with targets 0.9157, 0.9250, and 0.9383.

Technical analysis of USD/CHF for February 13, 2014
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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