Our preference: LONG positions above 22.4 with 23.4 & 23.55 as next targets.
Alternative scenario: The downside penetration of 22.4 will call for 21.95 & 21.2.
Comment: the RSI is bullish and calls for further advance.
Thursday, September 19, 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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