| Trade Idea USD/CHF intraday: the downside prevails. |
Pivot: 0.99.
Our Preference: SHORT positions @ 0.991 with 0.985 & 0.982 as next targets. Alternative scenario: The upside penetration of 0.992 will call for a rebound towards 0.997 & 1. Comment: as long as 0.992 is resistance, expect a return to 0.985. |
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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. CONNECTED
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