(21 August 2020)USD/CHF Towards 0.9040.

(21 August 2020)USD/CHF Towards 0.9040.

21 August 2020, 09:05
Jiming Huang
0
78

ch
Pivot
 (invalidation): 0.9090
Our preference
Short positions below 0.9090 with targets at 0.9060 & 0.9040 in extension.
Alternative scenario
Above 0.9090 look for further upside with 0.9110 & 0.9125 as targets.
Comment
A break below 0.9060 would trigger a drop towards 0.9040.

(By Swissquote TRADING CENTRAL)