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USD/CHF Intraday: further upside.

2024-03-19
809

Pivot: 0.8850

Our preference: long positions above 0.8850 with targets at 0.8910 & 0.8925 in extension.

Alternative scenario: below 0.8850 look for further downside with 0.8835 & 0.8820 as targets.

Comment: the break above 0.8850 is a positive signal that has opened a path to 0.8910.

Supports and resistances:

0.8940

0.8925

0.8910

0.8882 Last

0.8850

0.8835

0.8820

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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