(16 December 2019)USD/CHF The bias remains bullish.

(16 December 2019)USD/CHF The bias remains bullish.

16 December 2019, 08:57
Jiming Huang
0
64

ch
Pivot
 (invalidation): 0.9825
Our preference
Long positions above 0.9825 with targets at 0.9860 & 0.9875 in extension.
Alternative scenario
Below 0.9825 look for further downside with 0.9805 & 0.9790 as targets.
Comment
A support base at 0.9825 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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