(25 OCTOBER 2018)USD/CHF:Turning down.

(25 OCTOBER 2018)USD/CHF:Turning down.

25 October 2018, 09:13
Jiming Huang
0
79

chf

Pivot (invalidation): 0.9975

Our preference

Short positions below 0.9975 with targets at 0.9940 & 0.9925 in extension.

Alternative scenario

Above 0.9975 look for further upside with 0.9990 & 1.0010 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL) 

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