USD/CHF Intraday: the upside prevails 15-03-2016 by Orbex
Our preference: long positions above 0.9800 with targets @ 0.9895 & 0.9940 in extension.
Alternative scenario: below 0.9800 look for further downside with 0.9750 & 0.9725 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
|Green Lines Represent Resistances|
|Red Lines Represent Support Levels|
|Light Blue is a Pivot Point|
|Black represents the price when the report was produced|