USD/CHF Intraday: the upside prevails 15-03-2016 by Orbex

Pivot: 0.9800
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.
| 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
