Saturday 23 April 2016

Mastercharts USDCHF - forex market fundamental news

Mastercharts USDCHF ~ forex market fundamental news






This is another pair I dont trade regularly. However, I did technical analysis on the pair for a reader on this forum. After the analysis, I decided to prepare a mastercharts for for the benefit of benefit of those who might be interested in this currency pair.

The major support/resistance areas for USDCHF are indictated on the yellow lines and the blue/red lines are the minor areas. They are located roughly 1000 pips apart.

As usual the monthly week, and daily charts are attached.

By the way, did you see the fall on the major pairs over the last few days? GBPUSD fell by about 400 pips from the highest point so far this weej. Check the mastercharts for these pairs in the previous post and you will see how a break of the major support/resistance precipates a rush to the next level.

Enjoy your trades.
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