(17 MAY 2019)USD/CHF:Bullish bias above 1.0085.

(17 MAY 2019)USD/CHF:Bullish bias above 1.0085.

17 May 2019, 10:27
Jiming Huang
0
13

ch

Pivot (invalidation): 1.0085

Our preference

Long positions above 1.0085 with targets at 1.0110 & 1.0125 in extension.

Alternative scenario

Below 1.0085 look for further downside with 1.0070 & 1.0050 as targets.

Comment

The break above 1.0085 is a positive signal that has opened a path to 1.0110.

(By Swissquote TRADING CENTRAL)


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