(14 FEBRUARY 2019)USD/CHF:Bullish bias above 1.0060.

(14 FEBRUARY 2019)USD/CHF:Bullish bias above 1.0060.

14 February 2019, 09:06
Jiming Huang
0
48

chf

Pivot (invalidation): 1.0060

Our preference

Long positions above 1.0060 with targets at 1.0095 & 1.0110 in extension.

Alternative scenario

Below 1.0060 look for further downside with 1.0035 & 1.0020 as targets.

Comment

A support base at 1.0060 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)