Contributors Technical Analysis USD/CHF Aim @ 0.9855

USD/CHF Aim @ 0.9855

Pivot (invalidation): 0.9815

Our preference Long positions above 0.9815 with targets at 0.9840 & 0.9855 in extension.

Alternative scenario Below 0.9815 look for further downside with 0.9800 & 0.9790 as targets.

Comment The RSI lacks downward momentum.

Previous articleUSD/JPY Aim @ 110.30
Next articleUSD/CAD The Downside Prevails
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