(13JUNE 2019)USD/CHF:The bias remains bullish.

Pivot (invalidation): 0.9925

Our preference

Long positions above 0.9925 with targets at 0.9965 & 0.9995 in extension.

Alternative scenario

Below 0.9925 look for further downside with 0.9900 & 0.9880 as targets.

Comment

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

limited.

(By Swissquote TRADING CENTRAL)