(05 JUNE 2020)USD/CHF Watch 0.9520.

(05 JUNE 2020)USD/CHF Watch 0.9520.

5 June 2020, 09:11
Jiming Huang
0
71

ch
Pivot
 (invalidation): 0.9575
Our preference
Short positions below 0.9575 with targets at 0.9540 & 0.9520 in extension.
Alternative scenario
Above 0.9575 look for further upside with 0.9600 & 0.9620 as targets.
Comment
As Long as the resistance at 0.9575 is not surpassed, the risk of the break below 0.9540
remains high.

(By Swissquote TRADING CENTRAL)