(20 MARCH 2019)USD/CHF:Key resistance at 1.0005.

(20 MARCH 2019)USD/CHF:Key resistance at 1.0005.

20 March 2019, 09:17
Jiming Huang
0
57

chf

vot (invalidation): 1.0005

Our preference

Short positions below 1.0005 with targets at 0.9980 & 0.9965 in extension.

Alternative scenario

Above 1.0005 look for further upside with 1.0020 & 1.0030 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.0005.

(By Swissquote TRADING CENTRAL)


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