(04 JUNE 2019)USD/CHF:The downside prevails.

(04 JUNE 2019)USD/CHF:The downside prevails.

4 June 2019, 09:32
Jiming Huang
0
46

ch

Pivot (invalidation): 0.9960

Our preference

Short positions below 0.9960 with targets at 0.9895 & 0.9870 in extension.

Alternative scenario

Above 0.9960 look for further upside with 1.0000 & 1.0035 as targets.

Comment

The break below 0.9960 is a negative signal that has opened a path to 0.9895.

(By Swissquote TRADING CENTRAL)

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