(06 FEBRUARY 2019)USD/CHF:Key resistance at 1.0010.

(06 FEBRUARY 2019)USD/CHF:Key resistance at 1.0010.

6 February 2019, 13:24
Jiming Huang
0
62

chf

Pivot (invalidation): 1.0010

Our preference

Short positions below 1.0010 with targets at 0.9985 & 0.9970 in extension.

Alternative scenario

Above 1.0010 look for further upside with 1.0020 & 1.0035 as targets.

Comment

As Long as the resistance at 1.0010 is not surpassed, the risk of the break below 0.9985

remains high. 

(By Swissquote TRADING CENTRAL)