Pivot: 106.60
Our preference: LONG positions above 106.6 with 108.6 & 110 as next targets.
Alternative scenario: The downside penetration of 106.6 will call for 105.55 & 104.3.
Comment: a support base at 106.6 has formed and has allowed for a temporary stabilisation.
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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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HONG KONG (MarketWatch) — China's consumer inflation accelerated in March to its fastest rate in almost three years, slightly ahead of e...
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1.1 - Why is Buying Low & Selling High So Elusive? The objective is simple and seems so easy to achieve - - buy low and sell high, or se...
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HONG KONG (MarketWatch) — Chinese economic data released Wednesday showed consumer inflation moderated slightly in April, though remaining a...