(07 April 2020)USD/CHF Turning down.

(07 April 2020)USD/CHF Turning down.

7 April 2020, 09:03
Jiming Huang
0
71

ch
Pivot
 (invalidation): 0.9795
Our preference
Short positions below 0.9795 with targets at 0.9755 & 0.9740 in extension.
Alternative scenario
Above 0.9795 look for further upside with 0.9815 & 0.9830 as targets.
Comment
As Long as the resistance at 0.9795 is not surpassed, the risk of the break below 0.9755
remains high.

(By Swissquote TRADING CENTRAL)