Tanalys

EUR/CHF Intraday: bullish bias above 1.062.

Pivot: 1.062

Our preference: Long positions above 1.062 with targets @ 1.0675 1.069 in extension.

Alternative scenario: Below 1.062 look for further downside with 1.059 1.0575 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

1.072 **

1.069 *

1.0675 **

1.0635 Last

1.062 ***

1.059 **

1.0575 ***

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