(25 JUNE 2018)USD/CHF:Key resistance at 0.9890.

Key resistance at 0.9890.

(By Swissquote TRADING CENTRAL) 

Pivot (invalidation): 0.9890

Our preference

Short positions below 0.9890 with targets at 0.9865 & 0.9855 in extension.

Alternative scenario

Above 0.9890 look for further upside with 0.9915 & 0.9935 as targets.

Comment

As Long as the resistance at 0.9890 is not surpassed, the risk of the break below 0.9865

remains high.