8097059 11/10/2017 2:49 AM, USD/CHF Intraday: under pressure.


Pivot: 0.9980


Our preference:

short positions below 0.9980 with targets at 0.9900 & 0.9870 in extension.


Alternative scenario:

above 0.9980 look for further upside with 1.0010 & 1.0025 as targets.


Comment:

as long as 0.9980 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


1.0025 **

1.0010 **

0.9980 ***


0.9930

Last

0.9900 *

0.9870 **

0.9830 *