![(08 FEBRUARY 2019)USD/CHF:Bullish bias above 1.0005. (08 FEBRUARY 2019)USD/CHF:Bullish bias above 1.0005.](https://c.mql5.com/6/824/splash-724537.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 1.0005
Our preference
Long positions above 1.0005 with targets at 1.0035 & 1.0055 in extension.
Alternative scenario
Below 1.0005 look for further downside with 0.9990 & 0.9975 as targets.
Comment
A support base at 1.0005 has formed and has allowed for a temporary stabilisation
(By Swissquote TRADING CENTRAL)