(05 JUNE 2019)USD/CHF:Key resistance at 0.9930.

(05 JUNE 2019)USD/CHF:Key resistance at 0.9930.

5 June 2019, 09:04
Jiming Huang
0
44

ch

Pivot (invalidation): 0.9930

Our preference

Short positions below 0.9930 with targets at 0.9900 & 0.9870 in extension.

Alternative scenario

Above 0.9930 look for further upside with 0.9950 & 0.9970 as targets.

Comment

As Long as the resistance at 0.9930 is not surpassed, the risk of the break below 0.9900

remains high. 

(By Swissquote TRADING CENTRAL)