USD/CHF intraday: the downside prevails as long as 0.8937 is resistance
0.8937 is our pivot point.
Our preference: the downside prevails as long as 0.8937 is resistance.
Alternative scenario: above 0.8937, look for 0.8955 and 0.8966.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.8921 and 0.8929).
Supports and resistances:
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