(07 JUNE 2019)USD/CHF:Key resistance at 0.9930.

(07 JUNE 2019)USD/CHF:Key resistance at 0.9930.

7 June 2019, 09:41
Jiming Huang
0
46

ch

Pivot (invalidation): 0.9930

Our preference

Short positions below 0.9930 with targets at 0.9895 & 0.9875 in extension.

Alternative scenario

Above 0.9930 look for further upside with 0.9960 & 0.9995 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.9930.

(By Swissquote TRADING CENTRAL)


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