Wednesday, September 26, 2012

Dollar Index MT: under pressure.


Pivot: 82.35
Our preference: SHORT position below 82.35 with targets at 78.65 and 78.10.
Alternative scenario: Above 82.35 look for further recovery to 84.10.
Comment: the index is posting a rebound but stands below its resistance.

By at

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 ...

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