Tanalys

USD/CHF Intraday: key resistance at 0.991.

Pivot: 0.991

Our preference: Short positions below 0.991 with targets @ 0.9815 0.9755 in extension.

Alternative scenario: Above 0.991 look for further upside with 0.996 1 as targets.

Comment: As long as the resistance at 0.991 is not surpassed, the risk of the break below 0.9815 remains high.

Supports and resistances:

1 **

0.996 **

0.991 ***

0.9877 Last

0.9815 ***

0.9755 ***

0.9705 ***

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