(24 October 2019)USD/CHF Turning down.

(24 October 2019)USD/CHF Turning down.

24 October 2019, 08:55
Jiming Huang
0
67
ch

USD/CHF
Turning down.
Pivot
 (invalidation): 0.9910
Our preference
Short positions below 0.9910 with targets at 0.9890 & 0.9880 in extension.
Alternative scenario
Above 0.9910 look for further upside with 0.9920 & 0.9935 as targets.
Comment
The RSI calls for a new downleg. The pair has swung to the lower Bollinger band from the
upper one

(By Swissquote TRADING CENTRAL)