Tuesday, September 25, 2012

USD/CHF intraday: bullish bias above 0.932.



Pivot: 0.932
Our preference: Long positions above 0.932 with targets @ 0.94 & 0.942 in extension.
Alternative scenario: Below 0.932 look for further downside with 0.93 & 0.9275 as targets.
Comment: the RSI is mixed to bullish.


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 ...