USDCHF Weekly Technical Outlook (16-20 March, 2015) | March 14, 2015

Usdchf has extended its rally above 1.000 level. After breakout of this level, this pair continued its upward rally. This upward rally is following a up trend channel. So we can follow this channel and ride on its upward rally. This pair is towards its previous resistance level. 1.0245 was the high level in the january. This pair is looking for that level. We can find buy entry from 1.000 area and target will be 1.0245 resistance level.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 1.0305

Resistance One (R1): 1.0176

Pivot Point: 0.9999

Support One (S1): 0.9870

Support Two (S2): 0.9693