(12 OCTOBER 2018)USD/CHF:The bias remains bullish.

Pivot (invalidation): 0.9880

Our preference

Long positions above 0.9880 with targets at 0.9920 & 0.9935 in extension.

Alternative scenario

Below 0.9880 look for further downside with 0.9865 & 0.9850 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)