(11 MAY 2020)USD/CHF Bullish bias above 0.9685.

(11 MAY 2020)USD/CHF Bullish bias above 0.9685.

11 May 2020, 09:13
Jiming Huang
0
67

ch
Pivot
 (invalidation): 0.9685
Our preference
Long positions above 0.9685 with targets at 0.9730 & 0.9750 in extension.
Alternative scenario
Below 0.9685 look for further downside with 0.9665 & 0.9645 as targets.
Comment
A support base at 0.9685 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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