8088703 11/8/2017 5:00 PM, USD/CHF ST: further upside.


Pivot: 0.9720


Our preference:

long positions above 0.9720 with targets at 1.0100 & 1.0220 in extension.


Alternative scenario:

below 0.9720 look for further downside with 0.9550 & 0.9440 as targets.


Comment:

the break above 0.9720 is a positive signal that has opened a path to 1.0100.


Supports and resistances:


1.0345 **

1.0220 *

1.0100 **


0.9989

Last

0.9720 ***

0.9550 *

0.9440 **