(12 JUNE 2019)USD/CHF:Bullish bias above 0.9905.

(12 JUNE 2019)USD/CHF:Bullish bias above 0.9905.

12 June 2019, 09:07
Jiming Huang
0
42

ch

Pivot (invalidation): 0.9905

Our preference

Long positions above 0.9905 with targets at 0.9935 & 0.9950 in extension.

Alternative scenario

Below 0.9905 look for further downside with 0.9885 & 0.9870 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)


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