| Trade Idea USD/CHF intraday: under pressure. |
Pivot: 0.98.
Our Preference: SHORT positions @ 0.979 with 0.974 & 0.971 as next targets. Alternative scenario: The upside penetration of 0.98 will call for a rebound towards 0.9835 & 0.986. Comment: the pair is rebounding but stands below its new resistance. |
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Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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