(09 April 2020)USD/CHF Bullish bias above 0.9700.

(09 April 2020)USD/CHF Bullish bias above 0.9700.

9 April 2020, 09:08
Jiming Huang
0
90

ch
Pivot
 (invalidation): 0.9700
Our preference
Long positions above 0.9700 with targets at 0.9730 & 0.9745 in extension.
Alternative scenario
Below 0.9700 look for further downside with 0.9680 & 0.9665 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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