Tanalys

EUR/CHF ST: rebound.

Pivot: 1.022

Our preference: Long positions above 1.022 with targets @ 1.14 1.2 in extension.

Alternative scenario: Below 1.022 look for further downside with 0.97 0.9 as targets.

Comment: The pair has rebounded and has broken above the resistance.

Supports and resistances:

1.24 **

1.2 ***

1.14 *

1.0866 Last

1.022 ***

0.97 **

0.9 *

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