Contributors Technical Analysis USD/CHF Limited Upside

USD/CHF Limited Upside

Pivot (invalidation): 1.0010

Our preference Long positions above 1.0010 with targets at 1.0045 & 1.0060 in extension.

Alternative scenario Below 1.0010 look for further downside with 0.9990 & 0.9975 as targets.

Comment A support base at 1.0010 has formed and has allowed for a temporary stabilisation.

Previous articleEUR/GBP Daily Outlook
Next articleUSD/CAD Caution
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