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USD/CHF Intraday: choppy.

2024-01-31
1025

Pivot: 0.8635

Our preference: short positions below 0.8635 with targets at 0.8605 & 0.8590 in extension.

Alternative scenario: above 0.8635 look for further upside with 0.8650 & 0.8665 as targets.

Comment: as long as 0.8635 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.8665

0.8650

0.8635

0.8622 Last

0.8605

0.8590

0.8575

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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