(04 JULY 2019)USD/CHF:Intraday support around 0.9845.

(04 JULY 2019)USD/CHF:Intraday support around 0.9845.

4 July 2019, 09:24
Jiming Huang
0
35

ch

Pivot (invalidation): 0.9845

Our preference

Long positions above 0.9845 with targets at 0.9875 & 0.9890 in extension.

Alternative scenario

Below 0.9845 look for further downside with 0.9830 & 0.9810 as targets.

Comment

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

limited.

(By Swissquote TRADING CENTRAL)


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