(10 JUNE 2020)USD/CHF Key resistance at 0.9530.

(10 JUNE 2020)USD/CHF Key resistance at 0.9530.

10 June 2020, 09:20
Jiming Huang
0
100

ch
Pivot
 (invalidation): 0.9530
Our preference
Short positions below 0.9530 with targets at 0.9490 & 0.9475 in extension.
Alternative scenario
Above 0.9530 look for further upside with 0.9560 & 0.9585 as targets.
Comment
As Long as the resistance at 0.9530 is not surpassed, the risk of the break below 0.9490
remains high.

(By Swissquote TRADING CENTRAL)