Tanalys

USD/CHF intraday: intraday support around 0.971.

Pivot: 0.971

Our preference: Long positions above 0.971 with targets @ 0.982 0.987 in extension.

Alternative scenario: Below 0.971 look for further downside with 0.9635 0.9585 as targets.

Comment: a support base at 0.971 has formed and has allowed for a temporary stabilisation.

Key levels

0.991

0.987

0.982

0.9742 last

0.971

0.9635

0.9585

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