Our preference: LONG positions above 82.95 with targets @ 84.5 & 84.9.
Alternative scenario: The downside penetration of 82.95 will call for a slide towards 82.1 & 81.7.
Comment: the RSI is above its neutrality area at 50%.
Tuesday, September 10, 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: 1398.00 Our preference: LONG positions above 1398 with targets @ 1416 & 1423. Alternative scenario: The downside penetration of 1...
