USD/CHF Pivot Points- 20-12-2012

[obeconline]

USD/CHF Pivot Points


R3 0.9123

R2 0.9122

R1 0.9119

PP 0.9118

S1 0.9115

S2 0.9114

S3 0.9111

 

[junaid1001]

Within a strong trend, the price is expected to be lower than the pivot point line and continue the movement. If the trend is of an upside character, then the strength of the currency will be defined as following: USD is an uptrend and CHF is a downtrend.

 

[junaid1001]

If the trend is of an upside character, then the strength of the currency will be defined as following: USD is an uptrend and CHF is a downtrend.