(17 JULY 2019)USD/CHF:Bullish bias above 0.9865.

(17 JULY 2019)USD/CHF:Bullish bias above 0.9865.

17 July 2019, 08:56
Jiming Huang
0
55

ch

Pivot (invalidation): 0.9865

Our preference

Long positions above 0.9865 with targets at 0.9895 & 0.9910 in extension.

Alternative scenario

Below 0.9865 look for further downside with 0.9855 & 0.9835 as targets.

Comment

A support base at 0.9865 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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