Here's the 4H chart of the USD/CHF. Right now, it's moving sideways under the hurdle (0.8918). If the trend moves upside and crosses the dynamic resistance and hurdle trendline, then the hurdle will react as the support. And targets for the uptrend will be the following 0.8960 - 0.9000.
But if it falls and breaks the key level, then the target will be 0.8796 - 0.8760.
Technically the RSI is below its neutrality area at 50. But it's trying to cross this upwards. According to Stoch RSI, the trend is trying to move upwards.
But if it falls and breaks the key level, then the target will be 0.8796 - 0.8760.
Technically the RSI is below its neutrality area at 50. But it's trying to cross this upwards. According to Stoch RSI, the trend is trying to move upwards.