Monday, September 24, 2012

USD/CHF intraday: bullish bias above 0.93


Pivot: 0.93.
Our preference: LONG positions @ 0.931 with 0.937 & 0.94 as next targets.
Alternative scenario: The downside penetration of 0.93 will call for 0.9275 & 0.9245.
Comment: the pair remains on the upside.

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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