(22 OCTOBER 2018)USD/CHF:The upside prevails.

(22 OCTOBER 2018)USD/CHF:The upside prevails.

22 October 2018, 09:22
Jiming Huang
0
52

chf

Pivot (invalidation): 0.9945

Our preference

Long positions above 0.9945 with targets at 0.9980 & 1.0000 in extension.

Alternative scenario

Below 0.9945 look for further downside with 0.9930 & 0.9915 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL) 

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