Tanalys

USD/CHF ST: key resistance at 0.954.

Pivot: 0.954

Our preference: Short positions below 0.954 with targets @ 0.906 0.885 in extension.

Alternative scenario: Above 0.954 look for further upside with 0.986 1.024 as targets.

Comment: As long as the resistance at 0.954 is not surpassed, the risk of the break below 0.906 remains high.

Supports and resistances:

1.024 **

0.986 **

0.954 ***

0.9488 Last

0.906 **

0.885 ***

0.845 **

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