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Midday analysis for Monday for USD/CHF

to Nov. 4, 2019


Midday analysis for Monday for USD/CHF  to Nov. 4, 2019

USD/CHF Intraday: the upside prevails.
Pivot: 0.9845

Our preference: long positions above 0.9845 with targets at 0.9895 & 0.9910 in extension.

Alternative scenario: below 0.9845 look for further downside with 0.9830 & 0.9810 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
0.9930
0.9910
0.9895
0.9874 Last
0.9845
0.9830
0.9810
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