Tanalys

EUR/CHF Intraday: key resistance at 1.042.

Pivot: 1.042

Our preference: Short positions below 1.042 with targets @ 1.031 1.027 in extension.

Alternative scenario: Above 1.042 look for further upside with 1.045 1.0485 as targets.

Comment: As long as 1.042 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.0485

1.045

1.042

1.0388 Last

1.031

1.027

1.0235

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