Tanalys

USD/CHF Intraday: intraday support around 0.88.

Pivot: 0.88

Our preference: Long positions above 0.88 with targets @ 0.886 0.8875 in extension.

Alternative scenario: Below 0.88 look for further downside with 0.8775 0.8755 as targets.

Comment: A support base at 0.88 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.89

0.8875

0.886

0.881 Last

0.88

0.8775

0.8755

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