Our preference: LONG positions above 1381 with 1415 & 1423 in sight.
Alternative scenario: The downside breakout of 1381 will open the way to 1369 & 1355.
Comment: the break above 1381 is a positive signal that has opened a path to 1415.
Tuesday, August 27, 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 ...
