MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Technical analysis of USD/CHF for November 25, 2016

USDCHFM30.png

USD/CHF is expected to trade in a lower range as the bias remains bearish. The technical picture of the pair is bearish, as the pair has struck against the horizontal resistance at 1.1095. The relative strength index lacks upward momentum. Even though a continuation of the rebound cannot be ruled out, its extent should be limited.

Hence, as long as the pair stands below the resistance at 1.0195, expect a new drop to the targets at 1.0090 and 1.0060 in extension.

Resistance levels: 1.0220, 1.0250, 1.0295

Support levels: 1.0090, 1.0060, 1.0025

The material has been provided by InstaForex Company - www.instaforex.com