(09JULY 2019)USD/CHF:Supported by a rising trend line.

Pivot (invalidation): 0.9920

Our preference

Long positions above 0.9920 with targets at 0.9960 & 0.9980 in extension.

Alternative scenario

Below 0.9920 look for further downside with 0.9895 & 0.9880 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)