(24 APRIL 2019)USD/CHF:Bullish bias above 1.0195.

(24 APRIL 2019)USD/CHF:Bullish bias above 1.0195.

24 April 2019, 09:21
Jiming Huang
0
8

chf

Pivot (invalidation): 1.0195

Our preference

Long positions above 1.0195 with targets at 1.0230 & 1.0250 in extension.

Alternative scenario

Below 1.0195 look for further downside with 1.0180 & 1.0160 as targets.

Comment

A support base at 1.0195 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

Share it with friends: