Monday, September 17, 2012

EUR/CHF intraday: bullish bias above 1.2115.


Pivot: 1.2115
Our preference: Long  positions above 1.2115 with targets @ 1.2195 & 1.2225 in extension.
Alternative scenario: Below 1.21115 look for further downside with 1.21 & 1.208 as targets.
Comment: the RSI lacks downward momentum.

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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