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USD/CHF Intraday: under pressure.

2024-03-18
250

Pivot: 0.8850

Our preference: short positions below 0.8850 with targets at 0.8800 & 0.8785 in extension.

Alternative scenario: above 0.8850 look for further upside with 0.8865 & 0.8880 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

0.8880

0.8865

0.8850

0.8824 Last

0.8800

0.8785

0.8765

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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