Wednesday, September 5, 2012

USD/COP: bullish bias above 1797.



Pivot: 1797
Our preference: long positions above 1797 with targets @ 1847 &1860 in extension.
Alternative scenario: Below 1797 look for further downside with 1767 & 1745 as targets.
Comment: the RSI is mixed to bullish.

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 ...