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USD/CHF ST: supported by a rising trend line.

2024-03-27
1043

Pivot: 0.8720

Our preference: long positions above 0.8720 with targets at 0.9105 & 0.9240 in extension.

Alternative scenario: below 0.8720 look for further downside with 0.8550 & 0.8450 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

0.9440

0.9240

0.9105

0.9036 Last

0.8720

0.8550

0.8450

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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