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USD/CHF Intraday: bullish bias above 0.8660.
2024-01-19
783
Pivot: 0.8660
Our preference: long positions above 0.8660 with targets at 0.8700 & 0.8720 in extension.
Alternative scenario: below 0.8660 look for further downside with 0.8645 & 0.8630 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.8740
0.8720
0.8700
0.8679 Last
0.8660
0.8645
0.8630
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