8087853 11/8/2017 1:35 PM, USD/CHF Intraday: consolidation in place.


Pivot: 1.0015


Our preference:

short positions below 1.0015 with targets at 0.9970 & 0.9945 in extension.


Alternative scenario:

above 1.0015 look for further upside with 1.0025 & 1.0040 as targets.


Comment:

as long as 1.0015 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


1.0040 **

1.0025 **

1.0015 **


0.9989

Last

0.9970 *

0.9945 **

0.9930 *