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USD/CHF Intraday: key resistance at 0.8530.

2024-01-05
450

Pivot: 0.8530

Our preference: short positions below 0.8530 with targets at 0.8475 & 0.8455 in extension.

Alternative scenario: above 0.8530 look for further upside with 0.8550 & 0.8570 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

0.8570

0.8550

0.8530

0.8502 Last

0.8475

0.8455

0.8435

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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