(25 MAY 2020)USD/CHF Rebound expected.

(25 MAY 2020)USD/CHF Rebound expected.

25 May 2020, 09:01
Jiming Huang
0
73

ch
Pivot
 (invalidation): 0.9705
Our preference
Long positions above 0.9705 with targets at 0.9730 & 0.9745 in extension.
Alternative scenario
Below 0.9705 look for further downside with 0.9690 & 0.9670 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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