(17 JUNE 2020)USD/CHF Bullish bias above 0.9485.

(17 JUNE 2020)USD/CHF Bullish bias above 0.9485.

17 June 2020, 09:10
Jiming Huang
0
76

ch
Pivot
 (invalidation): 0.9485
Our preference
Long positions above 0.9485 with targets at 0.9525 & 0.9545 in extension.
Alternative scenario
Below 0.9485 look for further downside with 0.9460 & 0.9435 as targets.
Comment
A support base at 0.9485 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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