(14 AUGUST 2019)USD/CHF:Bullish bias above 0.9730.

(14 AUGUST 2019)USD/CHF:Bullish bias above 0.9730.

14 August 2019, 09:00
Jiming Huang
0
40

ch

Pivot
 (invalidation): 0.9730
Our preference
Long positions above 0.9730 with targets at 0.9765 & 0.9780 in extension.
Alternative scenario
Below 0.9730 look for further downside with 0.9700 & 0.9680 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited

(By Swissquote TRADING CENTRAL)

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