(05 OCTOBER 2018)USD/CHF:Aim @ 0.9970.

(05 OCTOBER 2018)USD/CHF:Aim @ 0.9970.

5 October 2018, 09:15
Jiming Huang
0
63

chf

Pivot (invalidation): 0.9895

Our preference

Long positions above 0.9895 with targets at 0.9935 & 0.9970 in extension.

Alternative scenario

Below 0.9895 look for further downside with 0.9860 & 0.9830 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)