(23 AUGUST 2018)USD/CHF:Key resistance at 0.9855.

(23 AUGUST 2018)USD/CHF:Key resistance at 0.9855.

23 August 2018, 09:27
Jiming Huang
0
50

chf

Pivot (invalidation): 0.9855

Our preference

Short positions below 0.9855 with targets at 0.9805 & 0.9785 in extension.

Alternative scenario

Above 0.9855 look for further upside with 0.9890 & 0.9915 as targets.

Comment

As Long as 0.9855 is resistance, likely decline to 0.9805.

(By Swissquote TRADING CENTRAL) 

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