Tanalys

USD/CHF Intraday: bullish bias above 0.925.

Pivot: 0.925

Our preference: Long positions above 0.925 with targets @ 0.938 0.942 in extension.

Alternative scenario: Below 0.925 look for further downside with 0.9175 0.9105 as targets.

Comment: A support base at 0.925 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.95

0.942

0.938

0.9297 Last

0.925

0.9175

0.9105

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