Tanalys

USD/CHF Intraday: bullish bias above 0.891.

Pivot: 0.891

Our preference: Long positions above 0.891 with targets @ 0.896 0.8985 in extension.

Alternative scenario: Below 0.891 look for further downside with 0.888 0.886 as targets.

Comment: The break above 0.891 is a positive signal that has opened a path to 0.896. The pair is drawing a flat consolidation in a slightly declining channel ahead of further advance.

Supports and resistances:

0.9015

0.8985

0.896

0.8948 Last

0.891

0.888

0.886

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