Our preference: LONG positions above 7205 with 7410 & 7500 in sight.
Alternative scenario: The downside penetration of 7205 will call for 7135 & 7025.
Comment: the immediate trend remains up and the momentum is strong.
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 ...
