USDCHF Daily Chart : Bullish Above 0.9720

Pivot: 0.9720

Preference: long positions above 0.9720 with targets at 1.0100 & 1.0220 in extension.

Alternative scenario: below 0.9720 look for further downside with 0.9550 & 0.9440 as targets.

Comment: a support base at 0.9720 has formed and has allowed for a temporary stabilization.

Supports and resistances:
1.0345 **
1.0220 *
1.0100 **
0.9816 Last
0.9720 ***
0.9550 *
0.9440 **