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USDCHF Technical Analysis (23-27 February,2015) | February 21, 2015
Usdchf had broken its ranging zone and started bullish rally. But last friday it has dropped from near-termed resistance at 0.9530 area. In h4 time frame, we can see bearish engulfing and market fall. This pair is moving near to potential support area at 0.9330 area. It will be good support zone for this pair. If we find any bullish candle on this support area we can buy from this level. For buy we can target 0.9550 area.
Weekly Pivot, Support and Resistance
Resistance Two (R2): 0.9648
Resistance One (R1): 0.9509
Pivot Point: 0.9396
Support One (S1): 0.9257
Support Two (S2): 0.9144
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