(14 MAY 2019)USD/CHF:Key resistance at 1.0080.

(14 MAY 2019)USD/CHF:Key resistance at 1.0080.

14 May 2019, 09:19
Jiming Huang
0
43

ch

Pivot (invalidation): 1.0080

Our preference

Short positions below 1.0080 with targets at 1.0045 & 1.0030 in extension.

Alternative scenario

Above 1.0080 look for further upside with 1.0100 & 1.0130 as targets.

Comment

As Long as the resistance at 1.0080 is not surpassed, the risk of the break below 1.0045

remains high. 

(By Swissquote TRADING CENTRAL)