Our preference: LONG positions above 104.1 with 106.25 & 106.95 in sight.
Alternative scenario: The downside penetration of 104.1 will call for 103.5 & 103.1.
Comment: the RSI is above its neutrality area at 50%.
USDCHF Technical Analysis - Sell at 0.9955
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 ...
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