USDCHF fell from the downtrend which started in May 2019 with a clear signal from the RSI divergence. Now USDCHF is pricing close to the key support levels, a shorter-term year-to-date uptrend with 100 and 200-day moving averages. RSI is near the oversold zone and the Spearman indicator stayed below the -80 level for a long time, looking forward to giving a buy signal. If the price able to hold above, around 0.9050 a bullish move with a target of the white trend line may begin. Below 0.9050 and 0.90 supports, the down target can be 0.8925 in the short term.
