(04 December 2020)USD/CHF Capped by a negative trend line.

Pivot
 (invalidation): 0.8940
Our preference
Short positions below 0.8940 with targets at 0.8885 & 0.8850 in extension.
Alternative scenario
Above 0.8940 look for further upside with 0.8965 & 0.8990 as targets.
Comment
As Long as the resistance at 0.8940 is not surpassed, the risk of the break below 0.8885
remains high.

(By Swissquote TRADING CENTRAL)