(03 AUGUST 2018)USD/CHF:Target 0.9975.

(03 AUGUST 2018)USD/CHF:Target 0.9975.

3 August 2018, 09:41
Jiming Huang
0
51

chf

Pivot (invalidation): 0.9930

Our preference

Long positions above 0.9930 with targets at 0.9975 & 1.0000 in extension.

Alternative scenario

Below 0.9930 look for further downside with 0.9910 & 0.9885 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL) 


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