USD/CHF Intraday: the bias remains bullish.
Pivot: 0.9845
Our preference: long positions above 0.9845 with targets @ 0.9895 & 0.9940 in extension.
Alternative scenario: below 0.9845 look for further downside with 0.9800 & 0.9750 as targets.
Comment: a support base at 0.9845 has formed and has allowed for a temporary stabilisation.
| Chart Caption | ||
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Green Lines Represent Resistances | |
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Red Lines Represent Support Levels | |
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Light Blue is a Pivot Point | |
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Black represents the price when the report was produced | |
Source: www.orbex.com
