Pivot: 78
Our preference: Short positions below 78 with targets @ 77.6 & 77.3 in extension.
Alternative scenario: Above 78 look for further upside with 78.15 & 78.35 as targets.
Comment: the pair is rebounding but stands below its resistance.
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 ...