Our Preference: As long as 26 is resistance, look for a drop towards 20.6 & 18.2.
Alternative scenario: An upside breakout of 26 would open the way towards 28.
Comment: as long as 26 is resistance, expect a return to 18.2.
Monday, September 16, 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 ...
