(20 August 2020)USD/CHF The bias remains bullish.

(20 August 2020)USD/CHF The bias remains bullish.

20 August 2020, 09:16
Jiming Huang
0
62

ch
Pivot
 (invalidation): 0.9120
Our preference
Long positions above 0.9120 with targets at 0.9165 & 0.9185 in extension.
Alternative scenario
Below 0.9120 look for further downside with 0.9100 & 0.9080 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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