USD CHF forex weekly technical report for 9 to 13 may 2016

USD CHF forex weekly technical report for 9 to 13 may 2016 Usd Chf forex weekly chart technical analysis USD CHF forex pair this week closed at 0.9721 with gain.     On weekly chart, pair is closed in green after testing major average support of 0.9545 which is buy signal on weekly chart.   For next week, usd chf outlook remain bullish as dollar index will bounce back from oversold levels.   On upside 0.9780 and 0.9950 are target zones while 0.9545 is support as well as stop loss level.   Usd chf monthly chart suggests investment buying around 0.95-0.96 for long term target 1.11+.

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Pramod Baviskar

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