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Evening analysis USD/CHF for Mondayto Nov. 18, 2019




USD/CHF Intraday: consolidation in place.

Pivot: 0.9890

Our preference: short positions below 0.9890 with targets at 0.9860 & 0.9850 in extension.

Alternative scenario: above 0.9890 look for further upside with 0.9900 & 0.9910 as targets.

Comment: the RSI advocates for further decline.


Supports and resistances:

0.9910
0.9900
0.9890
0.9877 Last
0.9860
0.9850
0.9840
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