USDCHF LONG
Our pivot point is at 0.9918.
Our preference:
the upside prevails as long as 0.9918 is support.
Alternative scenario:
below 0.9918, expect 0.9879 and 0.9857.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.9926 and 0.9910)
Our preference:
the upside prevails as long as 0.9918 is support.
Alternative scenario:
below 0.9918, expect 0.9879 and 0.9857.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.9926 and 0.9910)
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