USDCHF Daily Chart : Bullish Above 0.9720
Pivot: 0.9720
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: a support base at 0.9720 has formed and has allowed for a temporary stabilization.
Supports and resistances:
1.0345 **
1.0220 *
1.0100 **
0.9816 Last
0.9720 ***
0.9550 *
0.9440 **
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: a support base at 0.9720 has formed and has allowed for a temporary stabilization.
Supports and resistances:
1.0345 **
1.0220 *
1.0100 **
0.9816 Last
0.9720 ***
0.9550 *
0.9440 **
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