(22 JUNE 2020)USD/CHF Under pressure.

<p>Pivot</p>
<p>&nbsp;(invalidation): 0.9530 Our preference</p>
<p>Short positions below 0.9530 with targets at 0.9500 &amp; 0.9485 in extension.</p>
<p>Alternative scenario</p>
<p>Above 0.9530 look for further upside with 0.9540 &amp; 0.9555 as targets.</p>

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