USDCHF 01.02.10-05.02.10
EURUSD . GBPUSD . EURJPY . Economic Calendar for the week
Increase in the dollar last week was caused by the release of very good data on GDP the United States. On Friday, the price is very close to the line of resistance , and then retreated, ending the week at 1.0605 marks.
Based on the testimony of Alligator , we are beginning a new round of growth in the market. In addition, Friday's bar is a signal for a buy signal from the indicator Acceleration / Deceleration . The immediate aim of the expected growth is at 1.0728 - 100% Fibonacci extension . But there is another and a further rise to 1.1080. Support will provide levels of 1.0490 and 1.0365.
Recommendations:
- Buy at 1.0650 reaching to 1.0725, 1.04090 limitation losses.
