(22 FEBRUARY 2019)USD/CHF:Key resistance at 1.0020.

(22 FEBRUARY 2019)USD/CHF:Key resistance at 1.0020.

22 February 2019, 08:41
Jiming Huang
0
12

ch

Pivot (invalidation): 1.0020

Our preference

Short positions below 1.0020 with targets at 0.9995 & 0.9980 in extension.

Alternative scenario

Above 1.0020 look for further upside with 1.0035 & 1.0060 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.0020.

(By Swissquote TRADING CENTRAL)

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