Pivot: 88.60
Our preference: SHORT positions below 88.6 with 85.15 & 84.5 in sight.
Alternative scenario: The upside penetration of 88.6 will call for 89.75 & 90.7.
Comment: the immediate trend remains down but the momentum is weak.
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 ...