(01 OCTOBER 2018)USD/CHF:Under pressure.

(01 OCTOBER 2018)USD/CHF:Under pressure.

1 October 2018, 09:28
Jiming Huang
0
52

chf

Pivot (invalidation): 0.9785

Our preference

Short positions below 0.9785 with targets at 0.9740 & 0.9725 in extension.

Alternative scenario

Above 0.9785 look for further upside with 0.9815 & 0.9835 as targets.

Comment

As Long as 0.9785 is resistance, likely decline to 0.9740.

(By Swissquote TRADING CENTRAL) 

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