(21 JANUARY 2019)USD/CHF:The bias remains bullish.

Pivot (invalidation): 0.9925

Our preference

Long positions above 0.9925 with targets at 0.9970 & 0.9990 in extension.

Alternative scenario

Below 0.9925 look for further downside with 0.9905 & 0.9885 as targets.

Comment

The RSI lacks downward momentum

(By Swissquote TRADING CENTRAL)