(06 March 2020)USD/CHF Under pressure.

(06 March 2020)USD/CHF Under pressure.

6 March 2020, 08:48
Jiming Huang
0
61

ch
Pivot
 (invalidation): 0.9485
Our preference
Short positions below 0.9485 with targets at 0.9415 & 0.9385 in extension.
Alternative scenario
Above 0.9485 look for further upside with 0.9520 & 0.9545 as targets.
Comment
As Long as the resistance at 0.9485 is not surpassed, the risk of the break below 0.9415
remains high

(By Swissquote TRADING CENTRAL)