Tanalys

EUR/CHF MT: bullish bias above 1.216.

Pivot: 1.216

Our preference: Long positions above 1.216 with targets @ 1.2395 1.247 in extension.

Alternative scenario: Below 1.216 look for further downside with 1.21 1.2 as targets.

Comment: the RSI lacks downward momentum. The pair is facing a pull back ahead of further advance.

Supports and resistances:

1.255

1.247

1.2395

1.2226 Last

1.216

1.21

1.2

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