Tanalys

USD/CHF Intraday: bullish bias above 0.966.

Pivot: 0.966

Our preference: Long positions above 0.966 with targets @ 0.972 0.974 in extension.

Alternative scenario: Below 0.966 look for further downside with 0.96 0.9545 as targets.

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

Supports and resistances:

0.9765

0.974

0.972

0.9673 Last

0.966

0.96

0.9545

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