Pivot: 3.71
Our preference: SHORT positions below 3.705 with 3.66 & 3.645 as next targets.
Alternative scenario: The upside penetration of 3.705 will call for rebound towards 3.75 & 3.775.
Comment: the RSI is below its neutrality area at 50%
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 ...
-
EURGBP is trading sharply higher, now already up around 5.8% since start of January and it seems that current bullish trend will not end a... -
Pound is already recovering about we warned you yesterday when we highlighted a five wave fall in wave 3). Notice that current prices are al... -
AUDUSD reversed nicely lower yesterday and already made a new swing low, which means that pair has now five wave down from 1.0600 high, ca...