(22 NOVEMBER 2018)USD/CHF:Intraday support around 0.9930.

Pivot (invalidation): 0.9930

Our preference

Long positions above 0.9930 with targets at 0.9960 & 0.9990 in extension.

Alternative scenario

Below 0.9930 look for further downside with 0.9900 & 0.9880 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)