USD/CHF Under Pressure

Pivot (invalidation): 0.9780

Our preference Short positions below 0.9780 with targets at 0.9720 & 0.9700 in extension.

Alternative scenario Above 0.9780 look for further upside with 0.9815 & 0.9845 as targets.

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Comment A break below 0.9720 would trigger a drop towards 0.9700.