USDCHF: Technical analysis/forecasts

USD/CHF INTRADAY: TESTING THE CHANNEL SUPPORT.
Pivot 1.012
Our Preference Long positions above 1.012 with targets @ 1.022 & 1.025 in extension. Alternate Scenario Below 1.012 look for further downside with 1.0075 & 1.004 as targets.
Comments Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
S1 1.012
S2 1.0075
S3 1.004
R1 1.022
R2 1.025
R3 1.028



USD/CHF INTRADAY: UNDER PRESSURE.
Pivot 1.0175
Our Preference Short positions below 1.0175 with targets @ 1.0115 & 1.0075 in extension. Alternate Scenario Above 1.0175 look for further upside with 1.022 & 1.025 as targets.
Comments The RSI is mixed to bearish.
S1 1.0115
S2 1.0075
S3 1.004
R1 1.0175
R2 1.022
R3 1.025


USD/CHF INTRADAY: UNDER PRESSURE.
Pivot 1.0175
Our Preference Short positions below 1.0175 with targets @ 1.0115 & 1.0075 in extension.
Alternate Scenario Above 1.0175 look for further upside with 1.022 & 1.025 as targets.
Comments The RSI is badly directed.
S1 1.0115
S2 1.0075
S3 1.004
R1 1.0175
R2 1.022
R3 1.025


USD/CHF INTRADAY: FURTHER ADVANCE.
Pivot 1.0145
Our Preference Long positions above 1.0145 with targets @ 1.022 & 1.025 in extension.
Alternate Scenario Below 1.0145 look for further downside with 1.0115 & 1.0075 as targets.
Comments The RSI is bullish and calls for further upside.
S1 1.0145
S2 1.0115
S3 1.0075
R1 1.022
R2 1.025
R3 1.029