(05 February 2020)USD/CHF Bullish bias above 0.9680.

(05 February 2020)USD/CHF Bullish bias above 0.9680.

5 February 2020, 08:58
Jiming Huang
0
59

ch
Pivot
 (invalidation): 0.9680
Our preference
Long positions above 0.9680 with targets at 0.9710 & 0.9725 in extension.
Alternative scenario
Below 0.9680 look for further downside with 0.9665 & 0.9650 as targets.
Comment
The break above 0.9680 is a positive signal that has opened a path to 0.9710.

(By Swissquote TRADING CENTRAL)

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