(09 AUGUST 2018)USD/CHF:Under pressure.

(09 AUGUST 2018)USD/CHF:Under pressure.

9 August 2018, 09:34
Jiming Huang
0
39

chf

Pivot (invalidation): 0.9945

Our preference

Short positions below 0.9945 with targets at 0.9915 & 0.9900 in extension.

Alternative scenario

Above 0.9945 look for further upside with 0.9970 & 0.9985 as targets.

Comment

As Long as the resistance at 0.9945 is not surpassed, the risk of the break below 0.9915

remains high. 

(By Swissquote TRADING CENTRAL)