USDCHF aiming to re-experience 0.9650 regions
The USDCHF pair has found very solid support in the 0.9350 boundaries where he met the neckline of the double bottom and SMA50 as seen on the provided eight-hour graph.
In the interim, RSI14 has found momentum support at the value of 50.00, while ADX started to show the ability to offer some kind of positivity.
Eyes are now on 0.9550, as a break of which will ease the path towards the main technical objective of our setup at 0.9650.
On the other side, 0.9330 should hold to keep the classical structure valid.