Friday, September 21, 2012

EUR/USD intraday: turning down.


Pivot: 1.301
Our preference: Short positions below 1.301 with targets @ 1.292 & 1.2905 in extension.
Alternative scenario: Above 1.301 look for further upside with 1.304 & 1.3085 as targets.
Comment: the RSI has just broken below 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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