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USD/CHF intraday: as long as 0.9122 is support look for 0.9173
2024-04-29
64
0.9122 is our pivot point.
Our preference: as long as 0.9122 is support look for 0.9173.
Alternative scenario: the downside breakout of 0.9122 would call for 0.9103 and 0.9092.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.9133 and 0.9128).
Supports and resistances:
0.9195 **
0.9184 *
0.9173 **
0.9162
0.9138 last
0.9129
0.9122 **
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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