(06 DECEMBER 2018) USD/CHF:The downside prevails.

(06 DECEMBER 2018) USD/CHF:The downside prevails.

6 December 2018, 09:09
Jiming Huang
0
50

chf

Pivot (invalidation): 0.9985

Our preference

Short positions below 0.9985 with targets at 0.9945 & 0.9925 in extension.

Alternative scenario

Above 0.9985 look for further upside with 1.0005 & 1.0025 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL) 

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