USD/CHF Intraday: technical rebound in a bearish trend.

Pivot: 0.8125

Our preference: short positions below 0.8125 with targets at 0.8050 & 0.8015 in extension.

Alternative scenario: above 0.8125 look for further upside with 0.8150 & 0.8175 as targets.

Comment: as long as 0.8125 is resistance, expect a return to 0.8050.

Supports and resistances:

0.8175

0.8150

0.8125

0.8114 Last

0.8050

0.8015

0.8000