(05 March 2020)USD/CHF Watch 0.9530.

(05 March 2020)USD/CHF Watch 0.9530.

5 March 2020, 08:55
Jiming Huang
0
69

ch
Pivot
 (invalidation): 0.9580
Our preference
Short positions below 0.9580 with targets at 0.9545 & 0.9530 in extension.
Alternative scenario
Above 0.9580 look for further upside with 0.9605 & 0.9630 as targets.
Comment
As Long as the resistance at 0.9580 is not surpassed, the risk of the break below 0.9545
remains high.

(By Swissquote TRADING CENTRAL)