(20 AUGUST 2018)USD/CHF:The downside prevails.

(20 AUGUST 2018)USD/CHF:The downside prevails.

20 August 2018, 09:35
Jiming Huang
0
52

chf

Pivot (invalidation): 0.9961

Our preference

Short positions below 0.9961 with targets at 0.9935 & 0.9915 in extension.

Alternative scenario

Above 0.9961 look for further upside with 0.9970 & 0.9985 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL) 

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