Tanalys

EUR/CHF intraday: break of a ST rising trendline support.

Pivot: 1.247

Our preference: Short positions below 1.247 with targets @ 1.238 1.2345 in extension.

Alternative scenario: Above 1.247 look for further upside with 1.2545 1.2595 as targets.

Comment: the break below 1.247 is a negative signal that has opened a path to 1.238.

Key levels

1.2595

1.2545

1.247

1.24193 last

1.238

1.2345

1.228

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