(22 AUGUST 2018)USD/CHF:Under pressure.

(22 AUGUST 2018)USD/CHF:Under pressure.

22 August 2018, 09:13
Jiming Huang
0
47

chf

Pivot (invalidation): 0.9870

Our preference

Short positions below 0.9870 with targets at 0.9825 & 0.9800 in extension.

Alternative scenario

Above 0.9870 look for further upside with 0.9890 & 0.9915 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL) 

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