(05 JULY 2019)USD/CHF:Range.

(05 JULY 2019)USD/CHF:Range.

5 July 2019, 08:53
Jiming Huang
0
53

ch

Pivot (invalidation): 0.9870

Our preference

Short positions below 0.9870 with targets at 0.9830 & 0.9810 in extension.

Alternative scenario

Above 0.9870 look for further upside with 0.9890 & 0.9910 as targets.

Comment

As Long as the resistance at 0.9870 is not surpassed, the risk of the break below 0.9830

remains high. 

(By Swissquote TRADING CENTRAL)