(11 OCTOBER 2018)USD/CHF:The downside prevails.

(11 OCTOBER 2018)USD/CHF:The downside prevails.

11 October 2018, 09:21
Jiming Huang
0
41

chf

Pivot (invalidation): 0.9895

Our preference

Short positions below 0.9895 with targets at 0.9850 & 0.9820 in extension.

Alternative scenario

Above 0.9895 look for further upside with 0.9920 & 0.9935 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL) 


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