(08 AUGUST 2019)USD/CHF:Continuation of the rebound.

(08 AUGUST 2019)USD/CHF:Continuation of the rebound.

8 August 2019, 09:14
Jiming Huang
0
69

ch

Pivot (invalidation): 0.9725

Our preference

Long positions above 0.9725 with targets at 0.9770 & 0.9795 in extension.

Alternative scenario

Below 0.9725 look for further downside with 0.9695 & 0.9655 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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