Tanalys

USD/CHF Intraday: consolidation.

Pivot: 0.95

Our preference: Short positions below 0.95 with targets @ 0.94 0.936 in extension.

Alternative scenario: Above 0.95 look for further upside with 0.954 0.957 as targets.

Comment: As long as 0.95 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.957 *

0.954 *

0.95 *

0.9426 Last

0.94 ***

0.936 **

0.932 *

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