(12 SEPTEMBER 2018)USD/CHF:Key resistance at 0.9745.

(12 SEPTEMBER 2018)USD/CHF:Key resistance at 0.9745.

12 September 2018, 10:27
Jiming Huang
0
55

chf

Pivot (invalidation): 0.9745

Our preference

Short positions below 0.9745 with targets at 0.9725 & 0.9715 in extension.

Alternative scenario

Above 0.9745 look for further upside with 0.9760 & 0.9780 as targets.

Comment

As Long as the resistance at 0.9745 is not surpassed, the risk of the break below 0.9725

remains high. 

(By Swissquote TRADING CENTRAL)