(04 November 2019)USD/CHF Caution.

(04 November 2019)USD/CHF Caution.

4 November 2019, 09:09
Jiming Huang
0
67

ch
Pivot
 (invalidation): 0.9870
Our preference
Short positions below 0.9870 with targets at 0.9845 & 0.9830 in extension.
Alternative scenario
Above 0.9870 look for further upside with 0.9880 & 0.9895 as targets.
Comment
As Long as the resistance at 0.9870 is not surpassed, the risk of the break below 0.9845
remains high.

(By Swissquote TRADING CENTRAL)