(13 MAY 2019)USD/CHF:Under pressure.

(13 MAY 2019)USD/CHF:Under pressure.

13 May 2019, 09:16
Jiming Huang
0
52

ch

Pivot (invalidation): 1.0130

Our preference

Short positions below 1.0130 with targets at 1.0090 & 1.0070 in extension.

Alternative scenario

Above 1.0130 look for further upside with 1.0145 & 1.0160 as targets.

Comment

As Long as the resistance at 1.0130 is not surpassed, the risk of the break below 1.0090

remains high. 

(By Swissquote TRADING CENTRAL)