(18 OCTOBER 2018)USD/CHF:The bias remains bullish.

(18 OCTOBER 2018)USD/CHF:The bias remains bullish.

18 October 2018, 09:47
Jiming Huang
0
45

chf

Pivot (invalidation): 0.9925

Our preference

Long positions above 0.9925 with targets at 0.9960 & 0.9975 in extension.

Alternative scenario

Below 0.9925 look for further downside with 0.9900 & 0.9880 as targets.

Comment

The break above 0.9925 is a positive signal that has opened a path to 0.9960.

(By Swissquote TRADING CENTRAL) 


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