(14 AUGUST 2018)USD/CHF:Key resistance at 0.9945.

(14 AUGUST 2018)USD/CHF:Key resistance at 0.9945.

14 August 2018, 15:11
Jiming Huang
0
78

chf

Pivot (invalidation): 0.9945

Our preference

Short positions below 0.9945 with targets at 0.9925 & 0.9910 in extension.

Alternative scenario

Above 0.9945 look for further upside with 0.9960 & 0.9975 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.9945.

(By Swissquote TRADING CENTRAL) 

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