Friday, September 21, 2012

EUR/JPY intraday: the downside prevails.


Pivot: 102.05
 Our preference: Short positions below 102.05 with targets @ 100.9 & 100.55 in extension.
Alternative scenario: Above 102.05 look for further upside with 102.4 & 103.05 as targets.
Comment: the pair 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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