(26 JULY 2019)USD/CHF:The bias remains bullish.

Pivot (invalidation): 0.9890

Our preference

Long positions above 0.9890 with targets at 0.9915 & 0.9930 in extension.

Alternative scenario

Below 0.9890 look for further downside with 0.9870 & 0.9850 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)