(09 November 2020)USD/CHF Rebound expected.

Pivot
 (invalidation): 0.8980
Our preference
Long positions above 0.8980 with targets at 0.9010 & 0.9025 in extension.
Alternative scenario
Below 0.8980 look for further downside with 0.8965 & 0.8950 as targets.
Comment
A support base at 0.8980 has formed and has allowed for a temporary stabilisatio

(By Swissquote TRADING CENTRAL)