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USD/CHF Intraday: bullish bias above 0.8965.

2024-03-22
194

Pivot: 0.8965

Our preference: long positions above 0.8965 with targets at 0.9005 & 0.9025 in extension.

Alternative scenario: below 0.8965 look for further downside with 0.8945 & 0.8920 as targets.

Comment: a support base at 0.8965 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.9040

0.9025

0.9005

0.8986 Last

0.8965

0.8945

0.8920

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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