7761096 8/14/2017 8:26 AM, USD/CHF ST: key resistance at 0.9850.


Pivot: 0.9850


Our preference:

short positions below 0.9850 with targets at 0.9440 & 0.9275 in extension.


Alternative scenario:

above 0.9850 look for further upside with 1.0100 & 1.0210 as targets.


Comment:

as long as the resistance at 0.9850 is not surpassed, the risk of the break below 0.9440 remains high.


Supports and resistances:


1.0210 *

1.0100 ***

0.9850 ***


0.9635

Last

0.9440 ***

0.9275 ***

0.9070 **