USD/CHF Intraday: bullish bias above 0.8800.
Pivot: 0.8800
Our preference: long positions above 0.8800 with targets at 0.8835 & 0.8850 in extension.
Alternative scenario: below 0.8800 look for further downside with 0.8780 & 0.8765 as targets.
Comment: a support base at 0.8800 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
0.8865
0.8850
0.8835
0.8808 Last
0.8800
0.8780
0.8765
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.
CM Trade Mobile Application
Economics Calendar
More