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imaxcare
Apr 6, 2013 3:08 PM

USDCHF-Bearish Engulf-But have to break 0.9340 

U.S. Dollar/Swiss FrancFXCM

Description

Current support 0.9340 ,as worked as resistance earlier..
Prices Move down after finding resistance at TL and parallel channel, creating Bearish Engulfing suggesting further downwards. Currently Finding support at 23.6 Fib exp.Below 0.934 it target is 0.92..
Comments
imaxcare
Prices found support at 0.92 as said,nad now finding resistance at 0.9340 -which was earlier support
imaxcare
0.920 target achieved
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