(03 OCTOBER 2018)USD/CHF:The bias remains bullish.

(03 OCTOBER 2018)USD/CHF:The bias remains bullish.

3 October 2018, 10:06
Jiming Huang
0
44

chf

Pivot (invalidation): 0.9820

Our preference

Long positions above 0.9820 with targets at 0.9865 & 0.9880 in extension.

Alternative scenario

Below 0.9820 look for further downside with 0.9805 & 0.9780 as targets.

Comment

A support base at 0.9820 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

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