(08 MARCH 2019)USD/CHF:The bias remains bullish.

Pivot (invalidation): 1.0080

Our preference

Long positions above 1.0080 with targets at 1.0130 & 1.0160 in extension.

Alternative scenario

Below 1.0080 look for further downside with 1.0055 & 1.0030 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)