Pivot: 16.65
Our preference: Short positions below 16.65 with targets 2 16.44 & 16.35 in extension.
Alternative scenario: Above 16.65 look for further upside with 16.75 & 16.85 as targets.
Comment: the RSI advocates for further decline.
USDCHF Technical Analysis - Sell at 0.9955
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 ...
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Pivot: 0.79. Our preference: LONG positions above 0.794 with 0.7975 & 0.7985 in sight. Alternative scenario: The downside penetration...