USDCHF Outlook for the week 27th - 31st Jan, 2014
USDCHF Outlook for the week 27th - 31st Jan, 2014
Daily Chart
- Our bias for this week is bullish as we had rejected the monthly pivot, which also is confluence level of 61.8 fib back
- Descending Trendline was broken (not shown on chart), however fell back into it slightly after Last Thursdays big candle
Hourly Chart
- On the hourly chart, price action is moving upwards, (slowly)
- Although bias is bullish for the week, i have a short trade as shown on chart
Outlook Trade opportunity
Please see H1 ChartRisk Level LOW
Tips -
Always take note of any economical news event on our provided calender below
Subscribe to:
Post Comments (Atom)
0 comments:
Leave a Comment