UncategorizedWeekly Analysis

USD/CHF Intraday: intraday support around 0.9970.(29.11.2019)

Pivot: 0.9970

Our preference: long positions above 0.9970 with targets at 1.0000 & 1.0015 in extension.

Alternative scenario: below 0.9970 look for further downside with 0.9960 & 0.9950 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
1.0030
1.0015
1.0000
0.9984 Last
0.9970
0.9960
0.9950

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