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USDCHF chart analysis for smart traders, find your position in the chart and trade safe.
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Note:Indian NSE Currencies pairs Report click here.
EURINR index is very close to the target and USDINR index’s two targets has come. What’s next?
What had I said for USDINR index? Click here.
I had Strongly recommended,
We have already recommended waiting for the crossover levels.
Bullish side rally will initiate after the crossover of 67.186 level. It will over after breakout of the following target: 67.492 – 67.852 – 68.105 levels.
Solid Support: 66.818
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Strong Resistance: 79.0064
But don’t sell after the breakout of the resistance level. Why? Because of technical indicators are indicating a solid uptrend after this level breakout. It can be up to 80.1007 level.
*Events : India Nikkei Services Purchasing Managers Index (PMI)
We have already recommended waiting for the crossover levels.
Bullish side rally will initiate after the crossover of 67.186 level. It will over after breakout of the following target: 67.492 – 67.852 – 68.105 levels.
Solid Support: 66.818
Support breakout means downtrend up to 66.674 – 66.444 – 66.204 levels.
This pair price will drop in upcoming days. As per the technical analysis, it’s weakening.
Target: 88.927 – 88.361 – 88.046 level.
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Strong Resistance: 79.0064
Selling pressure will increase soon. It’s very close to the resistance level. It can be dropped up to 77.8244 – 77.2010 – 76.6865 levels.
But don’t sell after the breakout of the resistance level. Why? Because of technical indicators are indicating a solid uptrend after this level breakout. It can be up to 80.1007 level.
*Events : India Nikkei Services Purchasing Managers Index (PMI)
What had I Said on GBPUSD Index? Click here for chart…
One more closing under the green zone will indicate the downtrend continuation.
If it’s not a fakeout, we will see the following levels.
Targets: 1.33111 – 1.31418 – 1.30478
The first target has been achieved 1.33111 level.
One more closing under the green zone will indicate the downtrend continuation.
If it’s not a fakeout, we will see the following levels.
Targets: 1.33111 – 1.31418 – 1.30478
What had i said about USDINR yesterday? click here
Attention: USDINR is reforming to the top.
Crucial Level: 67.726
Targets: 68.244 – 68.553 – 68.876
The crucial level breakout can show 67.397 – 67.152 levels.
USDINR touch the first target : 68.244.(high : 68.550)
Seller’s pressure on usdinr increasing, Is USDINR touch next targets?
KEEP IN TOUCH for more UPDATE.
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