Our preference: SHORT positions below 110.4 with 108.75 & 108.25 in sight.
Alternative scenario: The upside penetration of 110.4 will call for a rebound towards 111.3 & 111.95.
Comment: the RSI is capped by a declining trend line.
Tuesday, September 17, 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 ...
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Pivot: 87.65 Our preference: LONG positions above 87.65 with targets @ 89.6 & 90.8. Alternative scenario: The downside penetration ...
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AUDUSD turned sharply lower and made a daily close beneath rising trend-line connected from March lows. We also need to consider that... -
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 ...
