(06 February 2020)USD/CHF Aim @ 0.9770.

(06 February 2020)USD/CHF Aim @ 0.9770.

6 February 2020, 08:46
Jiming Huang
0
62

ch
Pivot
 (invalidation): 0.9720
Our preference
Long positions above 0.9720 with targets at 0.9750 & 0.9770 in extension.
Alternative scenario
Below 0.9720 look for further downside with 0.9700 & 0.9680 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)