(08 MAY 2020)USD/CHF 0.9685 expected.

(08 MAY 2020)USD/CHF 0.9685 expected.

8 May 2020, 08:55
Jiming Huang
0
74

ch
Pivot
 (invalidation): 0.9745
Our preference
Short positions below 0.9745 with targets at 0.9710 & 0.9685 in extension.
Alternative scenario
Above 0.9745 look for further upside with 0.9765 & 0.9785 as targets.
Comment
A break below 0.9710 would trigger a drop towards 0.9685.

(By Swissquote TRADING CENTRAL)

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