(30 JULY 2019)USD/CHF:Under pressure.

(30 JULY 2019)USD/CHF:Under pressure.

30 July 2019, 09:13
Jiming Huang
0
39

ch

Pivot (invalidation): 0.9925

Our preference

Short positions below 0.9925 with targets at 0.9895 & 0.9870 in extension.

Alternative scenario

Above 0.9925 look for further upside with 0.9945 & 0.9960 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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