(08 JULY 2019)USD/CHF::Intraday support around 0.9885.

(08 JULY 2019)USD/CHF::Intraday support around 0.9885.

8 July 2019, 09:12
Jiming Huang
0
46

ch

Pivot (invalidation): 0.9885

Our preference

Long positions above 0.9885 with targets at 0.9930 & 0.9950 in extension.

Alternative scenario

Below 0.9885 look for further downside with 0.9860 & 0.9840 as targets.

Comment

A support base at 0.9885 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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