Tanalys

USD/CHF intraday: intraday support around 0.966.

Pivot: 0.966

Our preference: Long positions above 0.966 with targets @ 0.975 0.98 in extension.

Alternative scenario: Below 0.966 look for further downside with 0.963 0.959 as targets.

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

Key levels

0.986

0.98

0.975

0.96863 last

0.966

0.963

0.959

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