Analyst
Intraday: Bullish
Preference: Buy position is envisaged if price trades above 1.08407 with take profit at 1.08459.
Alternative scenario: Sell position is envisaged if price trades below 1.08369 with take profit at 1.08330.
Bank Holiday (USD) All-day
Comment: The presence of key support seems to be slowing the downward momentum on the pair coupled with the holiday in commemoration of President's day in the US. The pair is envisaged to push up in the session today.
Intraday: Bearish
Preference: Sell position is envisaged if price trades below 0.98146 with take profit at 0.98075.
Alternative scenario: Buy position is envisaged if price trades above 0.98215 with take profit at 0.98263.
Bank Holiday (USD) All-day
Comment: The Swissy is the only currency at this time retaining the Safe haven properties as reports from Japan reveal that the Country is on the brink of a recession owing to the outbreak of CORVID-19 in China.
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