Friday, September 28, 2012

USD/CHF intraday: under pressure.


Pivot: 0.94.
Our preference: SHORT positions below 0.939 with 0.932 & 0.93 as next targets.
Alternative scenario: The upside penetration of 0.939 will call for 0.9415 & 0.943.
Comment: the pair has broken below its support and remains under pressure.

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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