Long-term review
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Weekly technical levels of the USD/CHF pair.
Notes:
- We expect a range about 70 pips today.
- The risk of 70 pips must make a profit of 105 pips.
- The value of 50% Fibonacci retracement levels is 0.8751.
- The level of 0.8751 will confirm the bullish market.
- Volatility on March 27, 2014 is 92.76. As a rule, the market is highly volatile if the last day had a huge volatility.
Technical levels:
- It should be noted that the price will be moving between 0.8700 and 0.8775 today.
- Projected high: 0.8870
- Strong resistance (sell limit): 0.8865. At the price of 0.8865, the resistance will be.
- Current pivot: 0.8751
- Breakout (sell stop): 0.8633. At the price of 0.8633, the support will be set.
- Projected low: 0.8603
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