Tuesday, September 18, 2012

USD/CHF intraday: under pressure.


Pivot: 0.93
Our preference: Short positions below 0.93 with targets @ 0.9225 & 0.92 in extension.
Alternative scenario: Above 0.93 look for further upside with 0.9335 & 0.937 as targets.
Comment: the pair stands below its resistance and remains under pressure.


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 ...