Forex Trading USD/CHF Chart 12-16-2015

The USD/CHF is close to starting a new trend in the D1 time frame, check the trend chart below. Traders can set a price alert at 0.9950, as indicated by the red line. Above that price check The Forex Heatmap® to verify any buy trade entries. The overall trend on this pair is up, and we expect it to go back up to at least the 1.0300 area resistance area indicated on the chart. The resistance alarm point and target resistance areas are noted in red. This chart is exponential moving averages, and they can be applied to all 28 pairs we follow. Then you can conduct a trend analysis across all 9 meta trader time frames with multiple time frame analysis.

Forex Trading USD/CHF Chart 12-16-2015

Forex Trading USD/CHF Chart 12-16-2015

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