2012.07.05 02:00:24 USD/CHF intraday: continuation of the rebound.

USD/CHF intraday: continuation of the rebound.

Update on supports and resistances.
Pivot: 0.954

Our preference: Long positions above 0.954 with targets @ 0.962 &
0.965 in extension.

Alternative scenario: Below 0.954 look for further downside with 0.951
& 0.946 as targets.

Comment: the RSI is bullish and calls for further advance.

Key levels
0.9675
0.965
0.962
0.95955 last
0.954
0.951
0.946
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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume

04.07.2012 20:03 Up

Time Candlestick Last Opinion Invalidation
03.07.2012 02:10 Tweezer bottom 0.9545 Up 0.946