Our preference: SHORT positions below 109.8 with 107.5 & 106.75 in sight.
Alternative scenario: The upside breakout of 109.8 will open the way to 110.7 & 111.5.
Comment: technically, the RSI is below 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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Our pivot point is at 3.47. Our preference: as long as 3.47 is support look for 4.22. Alternative scenario: the downside breakout of 3....
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Pivot: 0.825 Our preference: Short positions below 0.825 with targets @ 0.82 7 0.8175 in extension. Alternative scenario: Above 0.825 lo...
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Pivot: 102.45 Our preference: Long positions above 102.45 with targets@ 103.05 & 103.35 in extension. Alternative scenario: Below 1...
