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USD/CHF Intraday: key resistance at 0.8805.
2024-02-28
127
Pivot: 0.8805
Our preference: short positions below 0.8805 with targets at 0.8780 & 0.8765 in extension.
Alternative scenario: above 0.8805 look for further upside with 0.8820 & 0.8835 as targets.
Comment: as long as the resistance at 0.8805 is not surpassed, the risk of the break below 0.8780 remains high.
Supports and resistances:
0.8835
0.8820
0.8805
0.8794 Last
0.8780
0.8765
0.8755
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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