(30 OCTOBER 2018)USD/CHF:Look for 1.0045.

(30 OCTOBER 2018)USD/CHF:Look for 1.0045.

30 October 2018, 09:08
Jiming Huang
0
55

chf

Pivot (invalidation): 1.0005

Our preference

Long positions above 1.0005 with targets at 1.0025 & 1.0045 in extension.

Alternative scenario

Below 1.0005 look for further downside with 0.9985 & 0.9970 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)