Tanalys

USD/CHF ST: range.

Pivot: 0.906

Our preference: Long positions above 0.906 with targets @ 0.99 1.024 in extension.

Alternative scenario: Below 0.906 look for further downside with 0.885 0.845 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1.065 *

1.024 **

0.99 ***

0.9724 Last

0.906 ***

0.885 ***

0.845 **

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