8092498 11/9/2017 9:20 AM, USD/CHF Intraday: under pressure.


Pivot: 1.0005


Our preference:

short positions below 1.0005 with targets at 0.9980 & 0.9965 in extension.


Alternative scenario:

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


Comment:

the index currently faces a challenging resistance area at 1.0005.


Supports and resistances:


1.0040 **

1.0025 **

1.0005 **


0.9997

Last

0.9980 *

0.9965 **

0.9945 *