(01 MAY 2019)USD/CHF:Key resistance at 1.0200.

(01 MAY 2019)USD/CHF:Key resistance at 1.0200.

1 May 2019, 09:50
Jiming Huang
0
68

chf

Pivot (invalidation): 1.0200

Our preference

Short positions below 1.0200 with targets at 1.0180 & 1.0170 in extension.

Alternative scenario

Above 1.0200 look for further upside with 1.0215 & 1.0225 as targets.

Comment

As Long as the resistance at 1.0200 is not surpassed, the risk of the break below 1.0180

remains high. 

(By Swissquote TRADING CENTRAL)