(16 January 2020)USD/CHF Under pressure.

(16 January 2020)USD/CHF Under pressure.

16 January 2020, 08:56
Jiming Huang
0
68

ch
Pivot
 (invalidation): 0.9660
Our preference
Short positions below 0.9660 with targets at 0.9625 & 0.9605 in extension.
Alternative scenario
Above 0.9660 look for further upside with 0.9680 & 0.9700 as targets.
Comment
As Long as the resistance at 0.9660 is not surpassed, the risk of the break below 0.9625
remains high.

(By Swissquote TRADING CENTRAL)