(20 JULY 2020)USD/CHF Rebound expected.

Pivot
 (invalidation): 0.9375
Our preference
Long positions above 0.9375 with targets at 0.9425 & 0.9440 in extension.
Alternative scenario
Below 0.9375 look for further downside with 0.9355 & 0.9340 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)