ALSM59

USDCHF - Trade Analysis

ALSM59 Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
USDCHF - 9/24-29/17 Analysis

Expecting decline to 0.96000 - 0.95800 levels
Followed by rise to 0.97300 - 0.98100 levels

* Personal analysis only. Please use your own rules and strategies prior to entering market.

** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Comment:
BUY Entry Order placed @ 0.97823
T/P @ 0.98863
Total Target = 104 pips
Comment:
Strong resistance @ 0.9800 so watch closely. Firm break can lead to test of next major Resistance @ 0.9900
Comment:
0.9685 level. Only Break & Hold below would bring reversal downward.
Comment:
Entry changed to .0.97763
Trade active
Comment:
Only Break & Hold below 0.9685 can bring reversal.
Comment:
T/P
Target 1 @ 0.9810
Target 2 @ 0.9850
Target 3 @ 0.9932
Ext. Target @ 1.0028
Comment:
Major Resistance @ 0.9772 has been broken giving good bullish signal to push for above T/P targets. - IMO
Trade closed manually:
T/P @ 0.97925 to plan trade for NFP
Total P/L = 16.2 PIPS
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