(03 JANUARY 2019)USD/CHF:Turning down.

(03 JANUARY 2019)USD/CHF:Turning down.

3 January 2019, 09:16
Jiming Huang
0
19

chf

Pivot (invalidation): 0.9895

Our preference

Short positions below 0.9895 with targets at 0.9840 & 0.9805 in extension.

Alternative scenario

Above 0.9895 look for further upside with 0.9920 & 0.9940 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL) 

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