8097552 11/10/2017 6:46 AM, USD/CHF Intraday: the downside prevails.


Pivot: 0.9975


Our preference:

short positions below 0.9975 with targets at 0.9915 & 0.9895 in extension.


Alternative scenario:

above 0.9975 look for further upside with 1.0010 & 1.0030 as targets.


Comment:

even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


Supports and resistances:


1.0030 **

1.0010 **

0.9975 ***


0.9943

Last

0.9915 *

0.9895 **

0.9870 *