Thursday, September 20, 2012

EUR/USD intraday: the downside prevails.


Pivot: 1.3055
Our preference: Short positions below 1.3055 with targets @ 1.293 & 1.2905 in extension.
Alternative scenario: Above 1.3055 look for further upside with 1.3115 & 1.3155 as targets.
Comment: the RSI advocates for further downside.

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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