(10 JULY 2019)USD/CHF:Key resistance at 0.9950.

(10 JULY 2019)USD/CHF:Key resistance at 0.9950.

10 July 2019, 08:53
Jiming Huang
0
39

chf

Pivot (invalidation): 0.9950

Our preference

Short positions below 0.9950 with targets at 0.9915 & 0.9895 in extension.

Alternative scenario

Above 0.9950 look for further upside with 0.9965 & 0.9980 as targets.

Comment

The RSI calls for a drop.

(By Swissquote TRADING CENTRAL)

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