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USD/CHF Intraday: the downside prevails.

orbex17032016 2

Pivot: 0.9845

Our preference: short positions below 0.9845 with targets @ 0.9745 & 0.9715 in extension.

Alternative scenario: above 0.9845 look for further upside with 0.9915 & 0.9940 as targets.

Comment: a break below 0.9745 would trigger a drop towards 0.9715.

Chart Caption
    Green Lines Represent Resistances
    Red Lines Represent Support Levels
    Light Blue is a Pivot Point
    Black represents the price when the report was produced

Source: www.orbex.com

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