Pivot: 3.50
Our preference: LONG positions above 3.5 with 3.54 & 3.56 as next targets.
Alternative scenario: The downside penetration of 3.5 will call for 3.47 & 3.44.
Comment: the RSI is bullish and calls for further upside.
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 ...