Spreads
Spreads
Spreads
Spreads
Spreads
USDCHF Intraday: under pressure.
Pivot Level: 0.9640
Our preference:
Short positions below 0.9640 with targets at 0.9590 & 0.9570 in extension.
Alternative scenario:
Above 0.9640 look for further upside with 0.9660 & 0.9680 as targets.
Comment:
As long as 0.9640 is resistance, look for choppy price action with a bearish bias.
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