(05 FEBRUARY 2019)USD/CHF:The upside prevails.

(05 FEBRUARY 2019)USD/CHF:The upside prevails.

5 February 2019, 13:25
Jiming Huang
0
49

chf

Pivot (invalidation): 0.9970

Our preference

Long positions above 0.9970 with targets at 0.9995 & 1.0005 in extension.

Alternative scenario

Below 0.9970 look for further downside with 0.9955 & 0.9940 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)

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