Tanalys

EUR/CHF MT: under pressure.

Pivot: 1.238

Our preference: Short positions below 1.238 with targets @ 1.21 1.2 in extension.

Alternative scenario: Above 1.238 look for further upside with 1.247 1.255 as targets.

Comment: The pair is rebounding but stands below its resistance.

Supports and resistances:

1.255

1.247

1.238

1.2258 Last

1.21

1.2

1.18

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