(30 January 2020)USD/CHF 0.9700 expected.

Pivot
 (invalidation): 0.9740
Our preference
Short positions below 0.9740 with targets at 0.9710 & 0.9700 in extension.
Alternative scenario
Above 0.9740 look for further upside with 0.9755 & 0.9765 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)