(07 AUGUST 2018)USD/CHF:Limited upside.

(07 AUGUST 2018)USD/CHF:Limited upside.

7 August 2018, 15:03
Jiming Huang
0
44

chf

Pivot (invalidation): 0.9955

Our preference

Long positions above 0.9955 with targets at 0.9970 & 0.9985 in extension.

Alternative scenario

Below 0.9955 look for further downside with 0.9945 & 0.9930 as targets.

Comment

A support base at 0.9955 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL) 

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