Friday, September 21, 2012

EUR/JPY intraday: continuation of the rebound.


Pivot: 101.3
Our preference: Long positions above 101.3 with targets @ 102.4 & 103.05 in extension.
Alternative scenario: Below 101.3 look for further downside with 100.9 & 100.55 as targets.
Comment: the RSI is supported by a rising trend line.

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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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