(23 December 2019)USD/CHF Bullish bias above 0.9805.

Pivot
 (invalidation): 0.9805
Our preference
Long positions above 0.9805 with targets at 0.9840 & 0.9855 in extension.
Alternative scenario
Below 0.9805 look for further downside with 0.9790 & 0.9775 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)