Pivot: 0.972
Our preference: Long positions above 0.972 with targets @ 0.977 & 0.98 in extension.
Alternative scenario: Below 0.972 look for further downside with 0.969 & 0.9665 as targets.
Comment: the RSI lacks downward momentum.
Stokcs, Metals, Energy, Forex, Crypto
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 ...