Our preference: LONG positions above 22.25 with targets @ 23.6 & 24.2.
Alternative scenario: The downside penetration of 22.25 will call for a slide towards 21.7 & 21.25.
Comment: the RSI is mixed with a bullish bias.
Wednesday, August 21, 2013
USDCHF Technical Analysis - Sell at 0.9955
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Pivot: 78.35. Our preference: LONG positions above 78.35 with 78.65 & 78.75 in sight. Alternative scenario: The downside penetrati...
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Elliott Wave Outlook For EURUSD and GBPUSD EURUSD EURUSD finally broke to the upside which was expected after few days of a sideways...
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Pound is falling sharply for the past two weeks from 1.6180 Jan 11 swing high. Notice that decline from that high can be easily counted in ...
