USD/CHF ST: capped by a negative trend line.

Trading Central 2021-01-13 16:54:06

Pivot: 0.9000

Our preference: short positions below 0.9000 with targets at 0.8750 & 0.8640 in extension.

Alternative scenario: above 0.9000 look for further upside with 0.9085 & 0.9185 as targets.

Comment: as long as the resistance at 0.9000 is not surpassed, the risk of the break below 0.8750 remains high.

Supports and resistances:

0.9185 **

0.9085 **

0.9000 ***

0.8872 Last

0.8750 **

0.8640 **

0.8500 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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