8083581 11/7/2017 7:35 PM, USD/CHF Intraday: under pressure.


Pivot: 1.0020


Our preference:

short positions below 1.0020 with targets at 0.9970 & 0.9945 in extension.


Alternative scenario:

above 1.0020 look for further upside with 1.0040 & 1.0070 as targets.


Comment:

as long as the resistance at 1.0020 is not surpassed, the risk of the break below 0.9970 remains high.


Supports and resistances:


1.0070 **

1.0040 **

1.0020 **


0.9990

Last

0.9970 *

0.9945 **

0.9935 *