(01 FEBRUARY 2019)USD/CHF:Bullish bias above 0.9920.

(01 FEBRUARY 2019)USD/CHF:Bullish bias above 0.9920.

2 February 2019, 06:48
Jiming Huang
0
52

chf

Pivot (invalidation): 0.9920

Our preference

Long positions above 0.9920 with targets at 0.9955 & 0.9975 in extension.

Alternative scenario

Below 0.9920 look for further downside with 0.9900 & 0.9885 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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