(30 JUNE 2020)USD/CHF The bias remains bullish.

(30 JUNE 2020)USD/CHF The bias remains bullish.

30 June 2020, 08:52
Jiming Huang
0
26

ch
Pivot
 (invalidation): 0.9490
Our preference
Long positions above 0.9490 with targets at 0.9525 & 0.9540 in extension.
Alternative scenario
Below 0.9490 look for further downside with 0.9475 & 0.9455 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)

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