(23 AUGUST 2018)USD/CHF:Key resistance at 0.9855.

Pivot (invalidation): 0.9855

Our preference

Short positions below 0.9855 with targets at 0.9805 & 0.9785 in extension.

Alternative scenario

Above 0.9855 look for further upside with 0.9890 & 0.9915 as targets.

Comment

As Long as 0.9855 is resistance, likely decline to 0.9805.

(By Swissquote TRADING CENTRAL)