Tuesday, September 18, 2012

AUD/USD intraday: consolidation.


Pivot: 1.0515
Our preference: Short positions below 1.0515 with targets @ 1.042 & 1.0385 in extension.
Alternative scenario: Above 1.0515 look for further upside with 1.055 & 1.058 as targets.
Comment: the RSI is below its neutrality area at 50%

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 ...