(26 FEBRUARY 2019)USD/CHF:Bullish bias above 0.9980.

Pivot (invalidation): 0.9980

Our preference

Long positions above 0.9980 with targets at 1.0010 & 1.0025 in extension.

Alternative scenario

Below 0.9980 look for further downside with 0.9965 & 0.9950 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)