8093351 11/9/2017 1:40 PM, USD/CHF Intraday: key resistance at 1.0005.


Pivot: 1.0005


Our preference:

short positions below 1.0005 with targets at 0.9970 & 0.9945 in extension.


Alternative scenario:

above 1.0005 look for further upside with 1.0025 & 1.0040 as targets.


Comment:

the RSI is bearish and calls for further decline. The pair is trading in a bearish channel.


Supports and resistances:


1.0040 **

1.0025 **

1.0005 ***


0.9981

Last

0.9970 *

0.9945 **

0.9930 *