USDCHF Weekly Analysis (27 April-1 May, 2015) | April 25, 2015

Usdchf has come to its important support area again. If it can holds this support area, then we can find bullish movement on this pair. As this is strong support area, we can find buy opportunity from this pair. When any bullish price action signals will come, we can go for buy with targeting 200-250 pips. On the other hand, if it can break this support level, then we need to look for sell. After breaking this support, then pair may fall rapidly. So we need to wait for confirmation.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.98

Resistance One (R1): 0.9664

Pivot Point: 0.9581

Support One (S1): 0.9445

Support Two (S2): 0.9362