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USD/CHF Intraday: the upside prevails.

2024-01-02
310

Pivot: 0.8430

Our preference: long positions above 0.8430 with targets at 0.8530 & 0.8550 in extension.

Alternative scenario: below 0.8430 look for further downside with 0.8400 & 0.8360 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

0.8570

0.8550

0.8530

0.8478 Last

0.8430

0.8400

0.8360

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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