Monday, September 10, 2012

USD/TRY Intraday: under pressure.


Pivot: 1.805
Our preference: Short positions below 1.805 with targets @ 1.795 & 1.791 in extension.
Alternative scenario: Above 1.805 look for further upside with 1.808 & 1.81 as targets.
Comment: the pair stand below its resistance and remains under pressure.

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 ...