Our preference: Short positions below 244.5 with targets @ 235 & 233 in extension.
Alternative scenario: Above 244.5 look for further upside with 251.4 & 257.5 as targets.
Comment: the RSI is bearish and calls for further downside.
Friday, September 13, 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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At the start of January we discussed about two possibles with members regarding the pattern on Dollar Index in wave (B) position; we menti...
