(24 JANUARY 2019)USD/CHF:The downside prevails.

(24 JANUARY 2019)USD/CHF:The downside prevails.

24 January 2019, 09:19
Jiming Huang
0
45

chf

Pivot (invalidation): 0.9960

Our preference

Short positions below 0.9960 with targets at 0.9925 & 0.9910 in extension.

Alternative scenario

Above 0.9960 look for further upside with 0.9975 & 0.9990 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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