(08 JUNE 2020)USD/CHF Towards 0.9650.

(08 JUNE 2020)USD/CHF Towards 0.9650.

8 June 2020, 08:48
Jiming Huang
0
85

ch
Pivot
 (invalidation): 0.9600
Our preference
Long positions above 0.9600 with targets at 0.9630 & 0.9650 in extension.
Alternative scenario
Below 0.9600 look for further downside with 0.9580 & 0.9560 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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