Our preference: SHORT positions below 24.35 with 23.65 & 23.35 as next targets.
Alternative scenario: The upside breakout of 24.35 will open the way to 24.7 & 25.1.
Comment: technically, the RSI is below its neutrality area at 50.
Thursday, August 29, 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 ...
