USD/CHF intraday: the upside prevails as long as 0.8865 is support
Our pivot point stands at 0.8865.
Our preference: the upside prevails as long as 0.8865 is support.
Alternative scenario: below 0.8865, expect 0.8853 and 0.8846.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8878 and 0.8869).
Supports and resistances:
0.8916 **
0.8909 *
0.8902 **
0.8895
0.8881 last
0.8869
0.8865 **

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