Our preference: LONG positions above 3.475 with 3.545 & 3.565 as next targets.
Alternative scenario: The downside penetration of 3.475 will call for 3.45 & 3.425.
Comment: the RSI calls for a rebound.
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 ...