Thursday, September 13, 2012

USD/TRY Intraday: rebound.


Pivot: 1.801
Our preference: Long positions above 1.801 with targets @ 1.81 & 1.814 in extension.
Alternative scenario: Below 1.801 look for further downside with 1.798 & 1.795 as targets.
Comment : the pair is rebounding and has broken above its resistance.

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 ...