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USD/CHF Intraday: intraday support around 0.8785.

2024-02-23
1053

Pivot: 0.8785

Our preference: long positions above 0.8785 with targets at 0.8820 & 0.8835 in extension.

Alternative scenario: below 0.8785 look for further downside with 0.8770 & 0.8755 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

0.8850

0.8835

0.8820

0.8807 Last

0.8785

0.8770

0.8755

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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