(19 JULY 2019)USD/CHF:Under pressure.

(19 JULY 2019)USD/CHF:Under pressure.

19 July 2019, 08:51
Jiming Huang
0
43

ch

Pivot (invalidation): 0.9845

Our preference

Short positions below 0.9845 with targets at 0.9805 & 0.9780 in extension.

Alternative scenario

Above 0.9845 look for further upside with 0.9870 & 0.9885 as targets.

Comment

As Long as the resistance at 0.9845 is not surpassed, the risk of the break below 0.9805

remains high. 

(By Swissquote TRADING CENTRAL)