Monday, June 11, 2012

Decline from 1608 is in three waves, liekly part of a recovery from 1555. Break of 1603 put 1610/12 in play. We will turn aggressively bearish when decline will unfold impulsively.

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...