(12 JULY 2019)USD/CHF:Watch 0.9925.

(12 JULY 2019)USD/CHF:Watch 0.9925.

12 July 2019, 09:02
Jiming Huang
0
53

chf

Pivot (invalidation): 0.9875

Our preference

Long positions above 0.9875 with targets at 0.9910 & 0.9925 in extension.

Alternative scenario

Below 0.9875 look for further downside with 0.9860 & 0.9840 as targets.

Comment

A support base at 0.9875 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


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