Tanalys

USD/CHF intraday: the bias remains bullish.

Pivot: 0.9275

Our preference: Long positions above 0.9275 with targets @ 0.934 0.9365 in extension.

Alternative scenario: Below 0.9275 look for further downside with 0.924 0.9205 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Key levels

0.941

0.9365

0.934

0.93006 last

0.9275

0.924

0.9205

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