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USD/CHF Intraday: the bias remains bullish.

2024-04-25
87

Pivot: 0.9120

Our preference: long positions above 0.9120 with targets at 0.9160 & 0.9175 in extension.

Alternative scenario: below 0.9120 look for further downside with 0.9105 & 0.9085 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.9190

0.9175

0.9160

0.9142 Last

0.9120

0.9105

0.9085

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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