(12 March 2020)USD/CHF The downside prevails.

(12 March 2020)USD/CHF The downside prevails.

12 March 2020, 08:54
Jiming Huang
0
56

ch

Pivot
 (invalidation): 0.9370
Our preference
Short positions below 0.9370 with targets at 0.9295 & 0.9265 in extension.
Alternative scenario
Above 0.9370 look for further upside with 0.9400 & 0.9435 as targets.
Comment
The break below 0.9370 is a negative signal that has opened a path to 0.9295.

(By Swissquote TRADING CENTRAL)

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