(10 January 2020)USD/CHF Bullish bias above 0.9715.

(10 January 2020)USD/CHF Bullish bias above 0.9715.

10 January 2020, 09:19
Jiming Huang
0
26

ch
Pivot
 (invalidation): 0.9715
Our preference
Long positions above 0.9715 with targets at 0.9745 & 0.9760 in extension.
Alternative scenario
Below 0.9715 look for further downside with 0.9705 & 0.9690 as targets.
Comment
A support base at 0.9715 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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