(15 JUNE 2020)USD/CHF Key resistance at 0.9550.

(15 JUNE 2020)USD/CHF Key resistance at 0.9550.

15 June 2020, 09:32
Jiming Huang
0
61

ch
Pivot
 (invalidation): 0.9550
Our preference
Short positions below 0.9550 with targets at 0.9490 & 0.9455 in extension.
Alternative scenario
Above 0.9550 look for further upside with 0.9575 & 0.9600 as targets.
Comment
As Long as 0.9550 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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