Tanalys

EUR/CHF Intraday: key resistance at 1.2047.

Pivot: 1.2047

Our preference: Short positions below 1.2047 with targets @ 1.202 1.201 in extension.

Alternative scenario: Above 1.2047 look for further upside with 1.2062 1.207 as targets.

Comment: As long as the resistance at 1.2047 is not surpassed, the risk of the break below 1.202 remains high.

Supports and resistances:

1.207

1.2062

1.2047

1.2039 Last

1.202

1.201

1.2

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