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USD/CHF Intraday: expect 0.8440.

2024-01-09
293

Pivot: 0.8500

Our preference: short positions below 0.8500 with targets at 0.8460 & 0.8440 in extension.

Alternative scenario: above 0.8500 look for further upside with 0.8520 & 0.8540 as targets.

Comment: as long as the resistance at 0.8500 is not surpassed, the risk of the break below 0.8460 remains high.

Supports and resistances:

0.8540

0.8520

0.8500

0.8479 Last

0.8460

0.8440

0.8420

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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