Pivot: 1708.00
Our preference: LONG positions @ 1709 with 1730 & 1735 as next targets.
Alternative scenario: The downside penetration of 1708 will call for a slide towards 1698 & 1687.
Comment: the RSI broke above a declining trend line.
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 ...