USDCHF oversold at a key support level
As USDCHF approaches the 0.9240, we can see that it is respecting the demand zone at the 0.923 support area. The entry is confirmed with an oversold signal shown by the stochastic-RSI indicator. We expect a bullish move till 0.9330, and on the contrary, our long bias is invalidated if price goes below 0.92 level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.