Tanalys

USD/CHF Intraday: bullish bias above 1.011.

Pivot: 1.011

Our preference: long positions above 1.011 with targets @ 1.0175 1.0215 in extension.

Alternative scenario: below 1.011 look for further downside with 1.0065 1.0025 as targets.

Comment: a support base at 1.011 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.025 ***

1.0215 ***

1.0175 ***

1.0125 Last

1.011 ***

1.0065 ***

1.0025 ***

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