(13 MAY 2020)USD/CHF Rebound expected.

(13 MAY 2020)USD/CHF Rebound expected.

13 May 2020, 08:58
Jiming Huang
0
68

ch
Pivot
 (invalidation): 0.9680
Our preference
Long positions above 0.9680 with targets at 0.9700 & 0.9720 in extension.
Alternative scenario
Below 0.9680 look for further downside with 0.9660 & 0.9640 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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