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USD/CHF Intraday: bullish bias above 0.9010.

2024-04-08
729

Pivot: 0.9010

Our preference: long positions above 0.9010 with targets at 0.9060 & 0.9075 in extension.

Alternative scenario: below 0.9010 look for further downside with 0.8995 & 0.8980 as targets.

Comment: a support base at 0.9010 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.9090

0.9075

0.9060

0.9034 Last

0.9010

0.8995

0.8980

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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