Our preference: LONG positions above 1357 with targets @ 1409 & 1430.
Alternative scenario: The downside penetration of 1357 will call for 1324 & 1305.
Comment: the RSI lacks downward momentum.
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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Pivot: 82.95 Our preference: LONG positions above 82.95 with targets @ 84.5 & 84.9. Alternative scenario: The downside penetration of 82...
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Pivot: 114.50 Our preference: SHORT positions below 114.5 with 112.2 & 111.65 as next targets. Alternative scenario: The upside breakout...
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Pivot: 1708.00 Our preference: SHORT positions below 1708 with 1684 & 1672 in sight. Alternative scenario: The upside breakout of 1...
