Our preference: SHORT positions below 1398 with 1374 & 1368 as next targets.
Alternative scenario: The upside penetration of 1398 will call for a rebound towards 1405 & 1411.
Comment: as long as 1398 is resistance, likely decline to 1374.
Monday, September 2, 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 ...
-
Pivot: 1342.00 Our preference: SHORT positions below 1342 with 1319 & 1297 in sight. Alternative scenario: The upside breakout of 1342 w...
-
Pivot: 1331.00 Our preference: SHORT positions below 1331 with 1297 & 1274 as next targets. Alternative scenario: The upside penetration...
-
Pivot: 2128.0 Our preference: SHORT positions below 2128 with targets @ 2100 & 2092. Alternative scenario: The upside penetration of 212...
