Tanalys

USD/CHF Intraday: bullish bias above 0.9585.

Pivot: 0.9585

Our preference: Long positions above 0.9585 with targets @ 0.9635 0.9675 in extension.

Alternative scenario: Below 0.9585 look for further downside with 0.9545 0.9525 as targets.

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

Supports and resistances:

0.9715

0.9675

0.9635

0.9608 Last

0.9585

0.9545

0.9525

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