Tuesday, 9 May 2017

USD/CHF Intraday 09 May 2017

USD/CHF Intraday: the upside prevails.
Pivot: 0.9950


Most likely scenario: long positions above 0.9950 with targets at 1.0005 & 1.0025 in extension.



Alternative scenario: below 0.9950 look for further downside with 0.9930 & 0.9905 as targets.



Comment: the RSI shows upside momentum.


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