Tanalys

USD/CHF Intraday: bullish bias above 0.988.

Pivot: 0.988

Our preference: long positions above 0.988 with targets @ 0.9945 0.997 in extension.

Alternative scenario: below 0.988 look for further downside with 0.9855 0.983 as targets.

Comment: a support base at 0.988 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.999 ***

0.997 ***

0.9945 ***

0.9907 Last

0.988 **

0.9855 ***

0.983 ***

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