(30 October 2019)USD/CHF Key resistance at 0.9950.

(30 October 2019)USD/CHF Key resistance at 0.9950.

30 October 2019, 09:17
Jiming Huang
0
70

ch
Pivot
 (invalidation): 0.9950
Our preference
Short positions below 0.9950 with targets at 0.9930 & 0.9915 in extension.
Alternative scenario
Above 0.9950 look for further upside with 0.9960 & 0.9970 as targets.
Comment
As Long as the resistance at 0.9950 is not surpassed, the risk of the break below 0.9930
remains high.

(By Swissquote TRADING CENTRAL)