7640055 7/12/2017 2:33 PM, USD/CHF Intraday: the downside prevails.


Pivot: 0.9655


Our preference:

short positions below 0.9655 with targets at 0.9595 & 0.9570 in extension.


Alternative scenario:

above 0.9655 look for further upside with 0.9675 & 0.9695 as targets.


Comment:

the RSI is bearish and calls for further downside.


Supports and resistances:


0.9695

0.9675

0.9655


0.9628

Last

0.9595

0.9570

0.9550