(25 February 2020)USD/CHF Turning down.

(25 February 2020)USD/CHF Turning down.

25 February 2020, 09:26
Jiming Huang
0
64

ch
Pivot
 (invalidation): 0.9800
Our preference
Short positions below 0.9800 with targets at 0.9765 & 0.9745 in extension.
Alternative scenario
Above 0.9800 look for further upside with 0.9815 & 0.9825 as targets.
Comment
As Long as the resistance at 0.9800 is not surpassed, the risk of the break below 0.9765
remains high.

(By Swissquote TRADING CENTRAL)