Tanalys

USD/CHF Intraday: key resistance at 0.98.

Pivot: 0.98

Our preference: Short positions below 0.98 with targets @ 0.973 0.9685 in extension.

Alternative scenario: Above 0.98 look for further upside with 0.983 0.989 as targets.

Comment: As long as 0.98 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.989 **

0.983 **

0.98 **

0.9773 Last

0.973 ***

0.9685 ***

0.9645 **

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