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USD/CHF Intraday: under pressure.
2024-03-04
567
Pivot: 0.8850
Our preference: short positions below 0.8850 with targets at 0.8815 & 0.8800 in extension.
Alternative scenario: above 0.8850 look for further upside with 0.8870 & 0.8890 as targets.
Comment: the break below 0.8850 is a negative signal that has opened a path to 0.8815.
Supports and resistances:
0.8890
0.8870
0.8850
0.8827 Last
0.8815
0.8800
0.8780
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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