(04 OCTOBER 2018)USD/CHF:Watch 0.9970.

(04 OCTOBER 2018)USD/CHF:Watch 0.9970.

4 October 2018, 09:36
Jiming Huang
0
50

chf

Pivot (invalidation): 0.9885

Our preference

Long positions above 0.9885 with targets at 0.9945 & 0.9970 in extension.

Alternative scenario

Below 0.9885 look for further downside with 0.9860 & 0.9830 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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