(10 JANUARY 2019)USD/CHF:The downside prevails.

(10 JANUARY 2019)USD/CHF:The downside prevails.

10 January 2019, 09:04
Jiming Huang
0
52

chf

Pivot (invalidation): 0.9755

Our preference

Short positions below 0.9755 with targets at 0.9705 & 0.9675 in extension.

Alternative scenario

Above 0.9755 look for further upside with 0.9770 & 0.9785 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)