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USD/CHF Intraday: the downside prevails.

2024-03-21
487

Pivot: 0.8870

Our preference: short positions below 0.8870 with targets at 0.8820 & 0.8800 in extension.

Alternative scenario: above 0.8870 look for further upside with 0.8895 & 0.8915 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

0.8915

0.8895

0.8870

0.8839 Last

0.8820

0.8800

0.8780

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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