Monday, September 24, 2012

EUR/GBP intraday: under pressure.


Pivot: 0.80.
Our preference: SHORT positions @ 0.801 with 0.797 & 0.7945 in sight.
Alternative scenario: The upside breakout of 0.802 will open the way to 0.8045 & 0.806.
Comment: the pair remains on the downside and is challenging its support.

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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