(14 MARCH 2019)USD/CHF:Key resistance at 1.0060.

(14 MARCH 2019)USD/CHF:Key resistance at 1.0060.

14 March 2019, 08:54
Jiming Huang
0
60

chf

Pivot (invalidation): 1.0060

Our preference

Short positions below 1.0060 with targets at 1.0015 & 0.9995 in extension.

Alternative scenario

Above 1.0060 look for further upside with 1.0080 & 1.0100 as targets.

Comment

As Long as 1.0060 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)


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