Tanalys

USD/CHF Intraday: intraday support around 0.8775.

Pivot: 0.8775

Our preference: Long positions above 0.8775 with targets @ 0.882 0.8845 in extension.

Alternative scenario: Below 0.8775 look for further downside with 0.8755 0.8735 as targets.

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

Supports and resistances:

0.8865

0.8845

0.882

0.88 Last

0.8775

0.8755

0.8735

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