(18 DECEMBER 2018)USD/CHF:Under pressure.

(18 DECEMBER 2018)USD/CHF:Under pressure.

18 December 2018, 08:50
Jiming Huang
0
49

chf

Pivot (invalidation): 0.9950

Our preference

Short positions below 0.9950 with targets at 0.9910 & 0.9880 in extension.

Alternative scenario

Above 0.9950 look for further upside with 0.9965 & 0.9985 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL) 

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