(05 August 2020)USD/CHF The downside prevails.

(05 August 2020)USD/CHF The downside prevails.

5 August 2020, 09:15
Jiming Huang
0
66

ch
Pivot
 (invalidation): 0.9160
Our preference
Short positions below 0.9160 with targets at 0.9095 & 0.9070 in extension.
Alternative scenario
Above 0.9160 look for further upside with 0.9185 & 0.9210 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)