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USD/CHF Intraday: turning down.

2024-01-23
787

Pivot: 0.8700

Our preference: short positions below 0.8700 with targets at 0.8650 & 0.8630 in extension.

Alternative scenario: above 0.8700 look for further upside with 0.8715 & 0.8730 as targets.

Comment: the immediate trend remains down and the momentum is strong.

Supports and resistances:

0.8730

0.8715

0.8700

0.8667 Last

0.8650

0.8630

0.8610

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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