(22 MARCH 2019)USD/CHF:Bullish bias above 0.9910.

(22 MARCH 2019)USD/CHF:Bullish bias above 0.9910.

22 March 2019, 09:02
Jiming Huang
0
16

cg

Pivot (invalidation): 0.9910

Our preference

Long positions above 0.9910 with targets at 0.9945 & 0.9965 in extension.

Alternative scenario

Below 0.9910 look for further downside with 0.9890 & 0.9870 as targets.

Comment

A support base at 0.9910 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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