USD/CHF Turning Down

Pivot (invalidation): 0.9910

Our preference Short positions below 0.9910 with targets at 0.9890 & 0.9880 in extension.

Alternative scenario Above 0.9910 look for further upside with 0.9920 & 0.9935 as targets.

Comment The RSI calls for a new downleg. The pair has swung to the lower Bollinger band from the upper one.

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