in ANALISA by hafid zaini

7977844 10/11/2017 6:48 PM, USD/CHF Intraday: the downside prevails.


Pivot: 0.9770


Our preference:

short positions below 0.9770 with targets at 0.9730 & 0.9710 in extension.


Alternative scenario:

above 0.9770 look for further upside with 0.9790 & 0.9805 as targets.


Comment:

as long as the resistance at 0.9770 is not surpassed, the risk of the break below 0.9730 remains high.


Supports and resistances:


0.9805 **

0.9790 ***

0.9770 **


0.9745

Last

0.9730 **

0.9710 **

0.9695 ***