Our preference: LONG positions above 1411 with targets @ 1440 & 1462.
Alternative scenario: The downside penetration of 1411 will call for a slide towards 1395 & 1384.
Comment: the price and the RSI are supported by rising trend lines.
Wednesday, August 28, 2013
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 ...
