(08 FEBRUARY 2019)USD/CHF:Bullish bias above 1.0005.

(08 FEBRUARY 2019)USD/CHF:Bullish bias above 1.0005.

8 February 2019, 12:04
Jiming Huang
0
45

chf

Pivot (invalidation): 1.0005

Our preference

Long positions above 1.0005 with targets at 1.0035 & 1.0055 in extension.

Alternative scenario

Below 1.0005 look for further downside with 0.9990 & 0.9975 as targets.

Comment

A support base at 1.0005 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


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