Wednesday, September 19, 2012

USD/CHF intraday: under pressure.


Pivot: 0.93
Our preference: Short positions below 0.93 with targets 2 0.9245 & 0.9225 in extension.
Alternative scenario: Above 0.93 look for further upside with 0.9335 & 0.937 as targets.
Comment: the pair s posting a rebound but stands below its resistance.

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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