(21 DECEMBER 2018)USD/CHF:Watch 0.9840.

(21 DECEMBER 2018)USD/CHF:Watch 0.9840.

21 December 2018, 09:05
Jiming Huang
0
54

chf

Pivot (invalidation): 0.9895

Our preference

Short positions below 0.9895 with targets at 0.9840 & 0.9825 in extension.

Alternative scenario

Above 0.9895 look for further upside with 0.9920 & 0.9940 as targets.

Comment

As Long as the resistance at 0.9895 is not surpassed, the risk of the break below 0.9840

remains high. 

(By Swissquote TRADING CENTRAL)