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USD/CHF Intraday: the upside prevails.

2024-02-12
647

Pivot: 0.8740

Our preference: long positions above 0.8740 with targets at 0.8775 & 0.8790 in extension.

Alternative scenario: below 0.8740 look for further downside with 0.8725 & 0.8710 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

0.8805

0.8790

0.8775

0.8758 Last

0.8740

0.8725

0.8710

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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