(09 MAY 2019)USD/CHF:Look for 1.0245.

(09 MAY 2019)USD/CHF:Look for 1.0245.

9 May 2019, 09:43
Jiming Huang
0
49

chf

Pivot (invalidation): 1.0190

Our preference

Long positions above 1.0190 with targets at 1.0225 & 1.0245 in extension.

Alternative scenario

Below 1.0190 look for further downside with 1.0165 & 1.0145 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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