USD/CHF Intraday: the downside prevails.
Pivot: 0.8520
Our preference: short positions below 0.8520 with targets at 0.8480 & 0.8460 in extension.
Alternative scenario: above 0.8520 look for further upside with 0.8535 & 0.8550 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
0.8550
0.8535
0.8520
0.8494 Last
0.8480
0.8460
0.8440
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