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Tuesday, 19 June 2012

2012.06.19 12:04:35 USD/CHF intraday: the upside prevails.

USD/CHF intraday: the upside prevails.

Update on supports and resistances.
Pivot: 0.9485

Our preference: Long positions above 0.9485 with targets @ 0.956 &
0.9595 in extension.

Alternative scenario: Below 0.9485 look for further downside with
0.945 & 0.942 as targets.

Comment: the RSI lacks downward momentum.

Key levels
0.9625
0.9595
0.956
0.9519 last
0.9485
0.945
0.942
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Time Candlestick Last Opinion Invalidation
18.06.2012 23:10 Hammer 0.9551 Up 0.942

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