Friday, September 21, 2012

USD/CHF intraday: bullish bias above 0.93.


Pivot: 0.93
Our preference: Long positions above 0.93 with targets @ 0.9355 7 0.937 in extension.
Alternative scenario: Below 0.93 look for further downside with 0.9245 & 0.9225 as targets.
Comment: the RSI calls for a rebound.

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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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