Pivot: 3.505
Our preference: Long positions above 3.505 with targets @ 3.63 & 3.69 in extension.
Alternative scenario: Below 3.505 look for further downside with 3.42 & 3.35 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 ...