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

Pivot (invalidation): 0.9965

Our preference

Short positions below 0.9965 with targets at 0.9935 & 0.9915 in extension.

Alternative scenario

Above 0.9965 look for further upside with 0.9980 & 1.0000 as targets.

Comment

As Long as the resistance at 0.9965 is not surpassed, the risk of the break below 0.9935

remains high. 

(By Swissquote TRADING CENTRAL)