Pivot: 87.50
Our preference: SHORT positions below 87.5 with 84.4 & 83.15 as next targets.
Alternative scenario: The upside penetration of 87.5 will call for 88.25 & 89.9.
Comment: as long as 87.5 is resistance, expect a return to 84.4.
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 ...