(20 AUGUST 2019)USD/CHF Bullish bias above 0.9795.

(20 AUGUST 2019)USD/CHF Bullish bias above 0.9795.

20 August 2019, 09:18
Jiming Huang
0
47

ch
Pivot
 (invalidation): 0.9795
Our preference
Long positions above 0.9795 with targets at 0.9820 & 0.9845 in extension.
Alternative scenario
Below 0.9795 look for further downside with 0.9770 & 0.9755 as targets.
Comment
A support base at 0.9795 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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