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

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

26 October 2018, 09:08
Jiming Huang
0
48

chf

Pivot (invalidation): 0.9980

Our preference

Long positions above 0.9980 with targets at 1.0015 & 1.0035 in extension.

Alternative scenario

Below 0.9980 look for further downside with 0.9960 & 0.9940 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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