Our preference: LONG positions above 85.4 with 86.6 & 86.8 as next targets.
Alternative scenario: The downside penetration of 85.4 will call for 85.2 & 84.35.
Comment: the immediate trend remains up and the momentum is strong.
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 ...