Tanalys

USD/CHF Intraday: key resistance at 0.9865.

Pivot: 0.9865

Our preference: short positions below 0.9865 with targets @ 0.9795 0.975 in extension.

Alternative scenario: above 0.9865 look for further upside with 0.9915 0.995 as targets.

Comment: as long as 0.9865 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.995 ***

0.9915 ***

0.9865 ***

0.984 Last

0.9795 ***

0.975 ***

0.9705 ***

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