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

Pivot (invalidation): 0.9995

Our preference

Short positions below 0.9995 with targets at 0.9960 & 0.9940 in extension.

Alternative scenario

Above 0.9995 look for further upside with 1.0010 & 1.0025 as targets.

Comment

As Long as the resistance at 0.9995 is not surpassed, the risk of the break below 0.9960

remains high. 

(By Swissquote TRADING CENTRAL)