(02 NOVEMBER 2018)USD/CHF:Under pressure.

(02 NOVEMBER 2018)USD/CHF:Under pressure.

2 November 2018, 08:43
Jiming Huang
0
53

chf

Pivot (invalidation): 1.0040

Our preference

Short positions below 1.0040 with targets at 1.0000 & 0.9980 in extension.

Alternative scenario

Above 1.0040 look for further upside with 1.0060 & 1.0080 as targets.

Comment

As Long as 1.0040 is resistance, expect a return to 1.0000.

(By Swissquote TRADING CENTRAL) 

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