(19 August 2020)USD/CHF Rebound expected.

Pivot
 (invalidation): 0.9020
Our preference
Long positions above 0.9020 with targets at 0.9040 & 0.9060 in extension.
Alternative scenario
Below 0.9020 look for further downside with 0.9005 & 0.8990 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)