(14 MAY 2020)USD/CHF Further advance.

(14 MAY 2020)USD/CHF Further advance.

14 May 2020, 08:45
Jiming Huang
0
73

ch
Pivot
 (invalidation): 0.9710
Our preference
Long positions above 0.9710 with targets at 0.9735 & 0.9750 in extension.
Alternative scenario
Below 0.9710 look for further downside with 0.9695 & 0.9685 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)