(20 October 2020)USD/CHF Key resistance at 0.9120.

(20 October 2020)USD/CHF Key resistance at 0.9120.

20 October 2020, 08:58
Jiming Huang
0
78

ch
Pivot
 (invalidation): 0.9120
Our preference
Short positions below 0.9120 with targets at 0.9080 & 0.9060 in extension.
Alternative scenario
Above 0.9120 look for further upside with 0.9140 & 0.9165 as targets.
Comment
As Long as the resistance at 0.9120 is not surpassed, the risk of the break below 0.9080
remains high.

(By Swissquote TRADING CENTRAL)