


LoveJoy
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since Dec 23, 2012
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USD/CHF still holds ascending support and has not closed below it. Next target is 0.9050 before 0.9110 major resistance.
1
USD/CHF has stayed in range since December but has not closed lower than the ascending trend line between support (0.8847) and resistance (0.9116). I expect a push up through this resistance in the coming sessions. The EUR/USD looks capped.
1
Look like our buying of the lows this week have been a good choice. The first target is the 20 DMA or the the 0.500 level on the %B indicator.
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RSI turning and moving back in to the BB envelope. First target is the 20 DMA when we hit it.
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