Tanalys

USD/CHF intraday: intraday support around 0.8875.

Pivot: 0.8875

Our preference: Long positions above 0.8875 with targets @ 0.8935 0.8955 in extension.

Alternative scenario: Below 0.8875 look for further downside with 0.8845 0.882 as targets.

Comment: a support base at 0.8875 has formed and has allowed for a temporary stabilisation.

Key levels

0.898

0.8955

0.8935

0.88861 last

0.8875

0.8845

0.882

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