(16 March 2020)USD/CHF Under pressure.

(16 March 2020)USD/CHF Under pressure.

16 March 2020, 08:51
Jiming Huang
0
69

ch
Pivot
 (invalidation): 0.9525
Our preference
Short positions below 0.9525 with targets at 0.9470 & 0.9435 in extension.
Alternative scenario
Above 0.9525 look for further upside with 0.9560 & 0.9600 as targets.
Comment
As Long as the resistance at 0.9525 is not surpassed, the risk of the break below 0.9470
remains high.

(By Swissquote TRADING CENTRAL)