(29 NOVEMBER 2018)USD/CHF:Aim @ 0.9890.

(29 NOVEMBER 2018)USD/CHF:Aim @ 0.9890.

29 November 2018, 09:12
Jiming Huang
0
65

chf

Pivot (invalidation): 0.9940

Our preference

Short positions below 0.9940 with targets at 0.9900 & 0.9890 in extension.

Alternative scenario

Above 0.9940 look for further upside with 0.9955 & 0.9975 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)