(16 MAY 2019)USD/CHF:Under pressure.

(16 MAY 2019)USD/CHF:Under pressure.

16 May 2019, 09:29
Jiming Huang
0
62

ch

Pivot (invalidation): 1.0095

Our preference

Short positions below 1.0095 with targets at 1.0070 & 1.0050 in extension.

Alternative scenario

Above 1.0095 look for further upside with 1.0110 & 1.0125 as targets.

Comment

The index currently faces a challenging resistance area at 1.0095.

(By Swissquote TRADING CENTRAL)

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