USD/CHF Intraday: continuation of the rebound.

Pivot: 0.7980

Our preference: long positions above 0.7980 with targets at 0.8025 & 0.8040 in extension.

Alternative scenario: below 0.7980 look for further downside with 0.7965 & 0.7950 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances:

0.8055

0.8040

0.8025

0.8007 Last

0.7980

0.7965

0.7950