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

USD/CHF extends the recovery. On Monday the pair broke above 0.9330, hitting new highs. On Tuesday we've seen a new maximum of 0.9380.

Ichimoku. However, there is a strog resistance at 0.9380-0.9400. It is a rather risky to go long on these levels. Look at the Chinkou Span on H1 - short-term players may avoid long positions. We await a short-lived bearish retracement, it will be a good entry point for buying the pair. 

Technical levels: support – 0.9335/45; resistance – 0.9380, 0.9400.

Trade recomendation:

1. Buy — 0.9335; SL — 0.9315; TP1 — 0.9380; TP2 — 0.9400.

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