(15 APRIL 2019)USD/CHF:Bullish bias above 1.0010.

Pivot (invalidation): 1.0010

Our preference

Long positions above 1.0010 with targets at 1.0030 & 1.0045 in extension.

Alternative scenario

Below 1.0010 look for further downside with 0.9995 & 0.9980 as targets.

Comment

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

limited.

(By Swissquote TRADING CENTRAL)