Pivot: 0.8850
Our preference: Buy USDCHF at 0.8900 with targets @ 0.9000 & 0.9050 in extension.
Stop Loss: A 4 hours close below 0.8850
Conviction: The USDCHF tested the earlier bottom set yesterday for the third time. Daily candle price action. Daily RSI is turning upwards after correcting while CCI is in the oversold area.
Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
0.8800 | 0.8830 | 0.8970 | 0.9010 | 0.9050 | 0.9100 |
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