Our preference: LONG positions above 114.5 with 116.45 & 117.3 as next targets.
Alternative scenario: The downside penetration of 114.5 will call for 113.6 & 112.2.
Comment: technically, the RSI is above its neutrality area at 50.
Wednesday, September 4, 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 ...
