Contributors Technical Analysis USD/CHF Key Resistance At 0.9985

USD/CHF Key Resistance At 0.9985

Pivot (invalidation): 0.9985

Our preference Short positions below 0.9985 with targets at 0.9960 & 0.9950 in extension.

Alternative scenario Above 0.9985 look for further upside with 1.0000 & 1.0010 as targets.

Comment The index currently faces a challenging resistance area at 0.9985.

Previous articleUSD/JPY Range
Next articleUSD/CAD Aim @ 1.3395
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version