Monday, September 17, 2012

EUR/GBP intraday: the upside prevails.


Pivot: 0.8055
Our preference: Long positions above 0.8055 with targets @ 0.811 & 0.813 in extension.
Alternative scenario: Below 0.8055 look for further downside with 0.803 & 0.801 as targets.
Comment: the pair is facing a pull back ahead of further advance.

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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