(13 FEBRUARY 2019)USD/CHF:Caution.

(13 FEBRUARY 2019)USD/CHF:Caution.

13 February 2019, 08:50
Jiming Huang
0
55

ch

Pivot (invalidation): 1.0050

Our preference

Long positions above 1.0050 with targets at 1.0075 & 1.0090 in extension.

Alternative scenario

Below 1.0050 look for further downside with 1.0030 & 1.0010 as targets.

Comment

A support base at 1.0050 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)