Thursday, September 6, 2012

EUR/CHF intraday: further advance.


Pivot: 1.203
Our preference: Long positions above 1.203 with targets @ 1.2075 & 1.21 in extension.
Alternative scenario: Below 1.203 look for further downside with 1.205 & 1.2 as targets.
Comment: the immediate trend remains up and the momentum is strong.

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 ...