Tanalys

USD/CHF intraday: key ST resistance at 0.9475.

Pivot: 0.9475

Our preference: Short positions below 0.9475 with targets @ 0.9435 0.941 in extension.

Alternative scenario: Above 0.9475 look for further upside with 0.9495 0.9525 as targets.

Comment: as long as 0.9475 is resistance, look for choppy price action with a bearish bias.

Key levels

0.9525

0.9495

0.9475

0.94546 last

0.9435

0.941

0.9375

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