Monday, September 17, 2012

USD/JPY intraday: rebound.


Pivot: 77.90.
Our preference: LONG positions above 77.9 with 78.75 as next targets.
Alternative scenario: The downside penetration of 77.9 will call for a slide towards 77.65 & 77.3.
Comment: the pair stands above its support and remains on the upside.

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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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