Tanalys

USD/CHF Intraday: bullish bias above 0.9125.

Pivot: 0.9125

Our preference: Long positions above 0.9125 with targets @ 0.918 0.92 in extension.

Alternative scenario: Below 0.9125 look for further downside with 0.91 0.907 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.922

0.92

0.918

0.9145 Last

0.9125

0.91

0.907

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