Tanalys

USD/CHF Intraday: key resistance at 0.9785.

Pivot: 0.9785

Our preference: Short positions below 0.9785 with targets @ 0.973 0.97 in extension.

Alternative scenario: Above 0.9785 look for further upside with 0.9825 0.9855 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

0.9855

0.9825

0.9785

0.976 Last

0.973

0.97

0.9675

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