Tanalys

USD/CHF ST: consolidation in place.

Pivot: 0.986

Our preference: Short positions below 0.986 with targets @ 0.885 0.845 in extension.

Alternative scenario: Above 0.986 look for further upside with 1.024 1.064 as targets.

Comment: The RSI lacks momentum. The pair stands below its resistance and remains under pressure.

Supports and resistances:

1.064 **

1.024 **

0.986 ***

0.9425 Last

0.885 **

0.845 ***

0.825 **

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