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USD/CHF ST: under pressure.

2024-01-03
964

Pivot: 0.8830

Our preference: short positions below 0.8830 with targets at 0.8290 & 0.8100 in extension.

Alternative scenario: above 0.8830 look for further upside with 0.8940 & 0.9105 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

0.9105

0.8940

0.8830

0.8495 Last

0.8290

0.8100

0.8000

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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