Tanalys

USD/CHF intraday: ST consolidation in place.

Pivot: 0.9315.

Our preference: SHORT positions below 0.9315 with 0.923 0.917 as next targets.

Alternative scenario: The upside breakout of 0.9315 will open the way to 0.936 0.9415.

Comment: intraday technical indicators are mixed and lack upward momentum.

Trend: ST Ltd Downside; MT Range

Key levels Comment

0.9415** Intraday resistance

0.936* Intraday resistance

0.9315** Intraday pivot point

0.9267 Last

0.923* Intraday support

0.917** Intraday support

0.9125** Intraday support

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