Our preference: SHORT positions below 21.9 with 21.3 & 21.2 as next targets.
Alternative scenario: The upside penetration of 21.9 will call for 22.1 & 22.45.
Comment: the RSI is bearish and calls for further downside.
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 ...
