Tanalys

USD/CHF Intraday: bullish bias above 1.026.

Pivot: 1.026

Our preference: Long positions above 1.026 with targets @ 1.033 1.037 in extension.

Alternative scenario: Below 1.026 look for further downside with 1.022 1.0195 as targets.

Comment: A support base at 1.026 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.042 **

1.037 **

1.033 **

1.0285 Last

1.026 ***

1.022 ***

1.0195 ***

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