(25 September 2020)USD/CHF Supported by a rising trend line.

(25 September 2020)USD/CHF Supported by a rising trend line.

25 September 2020, 09:17
Jiming Huang
0
73

ch
Pivot
 (invalidation): 0.9245
Our preference
Long positions above 0.9245 with targets at 0.9280 & 0.9300 in extension.
Alternative scenario
Below 0.9245 look for further downside with 0.9225 & 0.9210 as targets.
Comment
A support base at 0.9245 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)