USD/CHF intraday: under pressure.
26-May-11
07:19
Pivot: 0.8735
Our preference: Short positions below 0.8735 with targets @ 0.8675 & 0.863 in extension.
Alternative scenario: Above 0.8735 look for further upside with 0.877 & 0.879 as targets.
Comment: the RSI calls for a new downleg.
Key levels
0.879
0.877
0.8735
0.87 last
0.8675
0.863
0.86
Ticker: CHF