(05 MAY 2020)USD/CHF Watch 0.9680.

(05 MAY 2020)USD/CHF Watch 0.9680.

5 May 2020, 09:06
Jiming Huang
0
64

ch
Pivot
 (invalidation): 0.9635
Our preference
Long positions above 0.9635 with targets at 0.9665 & 0.9680 in extension.
Alternative scenario
Below 0.9635 look for further downside with 0.9620 & 0.9605 as targets.
Comment
The RSI lacks downward momentum

(By Swissquote TRADING CENTRAL)

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