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USD/CHF Intraday: choppy.

2024-02-21
262

Pivot: 0.8835

Our preference: short positions below 0.8835 with targets at 0.8800 & 0.8785 in extension.

Alternative scenario: above 0.8835 look for further upside with 0.8850 & 0.8865 as targets.

Comment: as long as 0.8835 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.8865

0.8850

0.8835

0.8816 Last

0.8800

0.8785

0.8770

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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