(07 DECEMBER 2018)USD/CHF:Watch 0.9890.

(07 DECEMBER 2018)USD/CHF:Watch 0.9890.

7 December 2018, 09:10
Jiming Huang
0
59

chf

Pivot (invalidation): 0.9940

Our preference

Short positions below 0.9940 with targets at 0.9905 & 0.9890 in extension.

Alternative scenario

Above 0.9940 look for further upside with 0.9955 & 0.9970 as targets.

Comment

A break below 0.9905 would trigger a drop towards 0.9890.

(By Swissquote TRADING CENTRAL)