(31 JULY 2019) USD/CHF:Key resistance at 0.9915.

(31 JULY 2019) USD/CHF:Key resistance at 0.9915.

31 July 2019, 08:55
Jiming Huang
0
44

ch

Pivot (invalidation): 0.9915

Our preference

Short positions below 0.9915 with targets at 0.9890 & 0.9870 in extension.

Alternative scenario

Above 0.9915 look for further upside with 0.9930 & 0.9945 as targets.

Comment

As Long as the resistance at 0.9915 is not surpassed, the risk of the break below 0.9890

remains high. 

(By Swissquote TRADING CENTRAL)