(15 JANUARY 2019)USD/CHF:Key resistance at 0.9820.

(15 JANUARY 2019)USD/CHF:Key resistance at 0.9820.

15 January 2019, 08:51
Jiming Huang
0
55

chf

Pivot (invalidation): 0.9820

Our preference

Short positions below 0.9820 with targets at 0.9795 & 0.9770 in extension.

Alternative scenario

Above 0.9820 look for further upside with 0.9835 & 0.9855 as targets.

Comment

As Long as the resistance at 0.9820 is not surpassed, the risk of the break below 0.9795

remains high. 

(By Swissquote TRADING CENTRAL)