Pick of the Day USDCHF 03 June 2022

　　

USD/CHF Intraday: key resistance at 0.9595.

Pivot Level: 0.9595

Our preference:
Short positions below 0.9595 with targets at 0.9560 & 0.9540 in extension.

Alternative scenario:
Above 0.9595 look for further upside with 0.9615 & 0.9635 as targets.

Comment:
As long as the resistance at 0.9595 is not surpassed, the risk of a break below 0.9560 remains high.

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