(08 December 2020)USD/CHF The bias remains bullish.

(08 December 2020)USD/CHF The bias remains bullish.

8 December 2020, 10:34
Jiming Huang
0
54

ch
Pivot
 (invalidation): 0.8875
Our preference
Long positions above 0.8875 with targets at 0.8945 & 0.8970 in extension.
Alternative scenario
Below 0.8875 look for further downside with 0.8860 & 0.8845 as targets.
Comment
A support base at 0.8875 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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