(09 AUGUST 2018)EUR/CHF:Under pressure.

(09 AUGUST 2018)EUR/CHF:Under pressure.

9 August 2018, 09:41
Jiming Huang
0
65

ec

Pivot (invalidation): 1.1540

Our preference

Short positions below 1.1540 with targets at 1.1520 & 1.1505 in extension.

Alternative scenario

Above 1.1540 look for further upside with 1.1555 & 1.1570 as targets.

Comment

The break below 1.1540 is a negative signal that has opened a path to 1.1520.

(By Swissquote TRADING CENTRAL) 


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