USD/CHF Under Pressure

Pivot (invalidation): 1.0040

Our preference Short positions below 1.0040 with targets at 1.0000 & 0.9980 in extension.

Alternative scenario Above 1.0040 look for further upside with 1.0060 & 1.0080 as targets.

Comment As Long as 1.0040 is resistance, expect a return to 1.0000.

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
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