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Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

FBS: trade recomendation for USD/CHF

  Tatyana Norkina, FBS analyst

The pair failed to overcome the 0.9100 resistance yesterday, dipping to the 0.9040 support. However, the bulls managed to recover to 0.9070.

Ichimoku. We concede a correction into the 0.9000 area. On the H4 chart the price remains capped by the Cloud border. On the H1 chart USD/CHF also trades in the "cloudy" area. If the 0.9085 resistance holds in the coming hours, prices will fall into the negative area and target 0.9040 or lower. 

Technical levels: support – 0.9000, 0.9040; resistance – 0.9095/0.9100.

Trade recommendation:

1. Sell — 0.9070; SL — 0.9090; TP1 — 0.9040; TP2 — 0.9000.

CHF
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