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USD/CHF Intraday: under pressure.

2024-03-07
571

Pivot: 0.8825

Our preference: short positions below 0.8825 with targets at 0.8780 & 0.8760 in extension.

Alternative scenario: above 0.8825 look for further upside with 0.8840 & 0.8855 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

0.8855

0.8840

0.8825

0.8798 Last

0.8780

0.8760

0.8740

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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