(27 AUGUST 2019)USD/CHF Bullish bias above 0.9770.

(27 AUGUST 2019)USD/CHF Bullish bias above 0.9770.

27 August 2019, 08:58
Jiming Huang
0
48
ch
Pivot
 (invalidation): 0.9770
Our preference
Long positions above 0.9770 with targets at 0.9800 & 0.9815 in extension.
Alternative scenario
Below 0.9770 look for further downside with 0.9745 & 0.9725 as targets.
Comment
A support base at 0.9770 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)
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