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USD/CHF Intraday: the upside prevails.

2024-03-05
784

Pivot: 0.8830

Our preference: long positions above 0.8830 with targets at 0.8870 & 0.8890 in extension.

Alternative scenario: below 0.8830 look for further downside with 0.8815 & 0.8800 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

0.8910

0.8890

0.8870

0.8850 Last

0.8830

0.8815

0.8800

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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