Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. USD/CHF rebounds notably after drawing support from 55 4H EMA, but stays below 0.8891 temporary top. Intraday bias remains neutral first. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. […]
Daily Pivots: (S1) 0.8610; (P) 0.8646; (R1) 0.8676; More… Intraday bias in USD/CHF remains mildly on the downside for the moment. Fall from 0.8710 short term top would target 55 D EMA (now at 0.8614). Sustained break there will argue that the rebound form 0.8374 has completed, and bring deeper fall back to this low. […]
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