Our preference: LONG positions above 105.5 with 108.6 & 109.15 as next targets.
Alternative scenario: The downside penetration of 105.5 will call for a slide towards 104.3 & 103.55.
Comment: technically, the RSI is above its neutrality area at 50.
Tuesday, September 3, 2013
Crude Oil (Oct 13) intraday: rebound expected.
Pivot: 105.50
Our preference: LONG positions above 105.5 with 108.6 & 109.15 as next targets.
Alternative scenario: The downside penetration of 105.5 will call for a slide towards 104.3 & 103.55.
Comment: technically, the RSI is above its neutrality area at 50.
Our preference: LONG positions above 105.5 with 108.6 & 109.15 as next targets.
Alternative scenario: The downside penetration of 105.5 will call for a slide towards 104.3 & 103.55.
Comment: technically, the RSI is above its neutrality area at 50.
USDCHF Technical Analysis - Sell at 0.9955
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