Wednesday, September 19, 2012

USD/TRY Intraday: under pressure.


Pivot: 1.799
Our preference: Short positions below 1.799 with targets @ 1.7925 & 1.791 in extension.
Alternative scenario: Above 1.799 look for further upside with 1.802 & 1.8045 as targets.
Comment: the pair is under pressure and is approaching its support.

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 ...