(12 APRIL 2019)USD/CHF:Limited upside.

Pivot (invalidation): 1.0010

Our preference

Long positions above 1.0010 with targets at 1.0045 & 1.0060 in extension.

Alternative scenario

Below 1.0010 look for further downside with 0.9990 & 0.9975 as targets.

Comment

A support base at 1.0010 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)