Tanalys

USD/CHF Intraday: key resistance at 0.894.

Pivot: 0.894

Our preference: Short positions below 0.894 with targets @ 0.89 0.888 in extension.

Alternative scenario: Above 0.894 look for further upside with 0.896 0.8975 as targets.

Comment: As long as 0.894 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.8975

0.896

0.894

0.8931 Last

0.89

0.888

0.886

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