(12 September 2019 )USD/CHF Bullish bias above 0.9920.

(12 September 2019 )USD/CHF Bullish bias above 0.9920.

12 September 2019, 09:45
Jiming Huang
0
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  ch
Pivot
 (invalidation): 0.9920
Our preference
Long positions above 0.9920 with targets at 0.9945 & 0.9960 in extension.
Alternative scenario
Below 0.9920 look for further downside with 0.9905 & 0.9885 as targets.
Comment
A support base at 0.9920 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)