Tanalys

USD/CHF ST: the upside prevails.

Pivot: 0.9525

Our preference: Long positions above 0.9525 with targets @ 0.984 0.997 in extension.

Alternative scenario: Below 0.9525 look for further downside with 0.93 0.91 as targets.

Comment: The pair is rebounding above its support as the RSI is turning up.

Supports and resistances:

1.014 **

0.997 ***

0.984 ***

0.9643 Last

0.9525 **

0.93 **

0.91 ***

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