(16 JUNE 2020)USD/CHF Watch 0.9450.

<p>Pivot</p>
<p>&nbsp;(invalidation): 0.9510 Our preference</p>
<p>Short positions below 0.9510 with targets at 0.9475 &amp; 0.9450 in extension.</p>
<p>Alternative scenario</p>
<p>Above 0.9510 look for further upside with 0.9525 &amp; 0.9545 as targets.</p>

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