Pivot: 32.40
Our preference: SHORT positions below 32.4 with 31.9 & 31.7 as next targets.
Alternative scenario: The upside penetration of 32.4 will call for a rebound towards 32.65 & 32.85.
Comment: the RSI calls for a new downleg.
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 ...