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

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

8 October 2018, 10:20
Jiming Huang
0
47

chf

Pivot (invalidation): 0.9930

Our preference

Short positions below 0.9930 with targets at 0.9905 & 0.9890 in extension.

Alternative scenario

Above 0.9930 look for further upside with 0.9950 & 0.9970 as targets.

Comment

A break below 0.9905 would trigger a drop towards 0.9890.

(By Swissquote TRADING CENTRAL) 

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