(07 MAY 2020)USD/CHF The upside prevails.

(07 MAY 2020)USD/CHF The upside prevails.

7 May 2020, 08:56
Jiming Huang
0
69

ch
Pivot
 (invalidation): 0.9730
Our preference
Long positions above 0.9730 with targets at 0.9765 & 0.9785 in extension.
Alternative scenario
Below 0.9730 look for further downside with 0.9710 & 0.9685 as targets.
Comment
The break above 0.9730 is a positive signal that has opened a path to 0.9765.

(By Swissquote TRADING CENTRAL)

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