USDCHF Buy opportunity on extremely oversold levels.

491
USDCHF is approaching the bottom of the year long Channel Down after an aggressive rejection on the MA100 (1d).
The RSI (1d) is extremly oversold, close to 20.00.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 0.88000 (expected contact with the MA50 1d near the top of the Channel Down).

Tips:
1. The RSI (1d) gets rejected above its MA level and the 60.00 mark. Use it in addition to the MA100 (1d) rejection indication.

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