Our preference: LONG positions above 84.5 with 86.55 & 87.75 in sight.
Alternative scenario: The downside penetration of 84.5 will call for a slide towards 83.6 & 82.95.
Comment: supported by a rising trend line.
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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Our pivot point is at 3.47. Our preference: as long as 3.47 is support look for 4.22. Alternative scenario: the downside breakout of 3....
