(30 JULY 2020)USD/CHF The downside prevails.

(30 JULY 2020)USD/CHF The downside prevails.

30 July 2020, 09:16
Jiming Huang
0
59

ch
Pivot
 (invalidation): 0.9155
Our preference
Short positions below 0.9155 with targets at 0.9095 & 0.9070 in extension.
Alternative scenario
Above 0.9155 look for further upside with 0.9185 & 0.9225 as targets.
Comment
As Long as 0.9155 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)