(06 December 2019)USD/CHF Key resistance at 0.9880.

(06 December 2019)USD/CHF Key resistance at 0.9880.

6 December 2019, 08:52
Jiming Huang
0
61

ch
Pivot
 (invalidation): 0.9880
Our preference
Short positions below 0.9880 with targets at 0.9855 & 0.9840 in extension.
Alternative scenario
Above 0.9880 look for further upside with 0.9900 & 0.9915 as targets.
Comment
As Long as 0.9880 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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