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USD/CHF Intraday: under pressure.

2024-03-21
923

Pivot: 0.8870

Our preference: short positions below 0.8870 with targets at 0.8820 & 0.8800 in extension.

Alternative scenario: above 0.8870 look for further upside with 0.8895 & 0.8915 as targets.

Comment: as long as the resistance at 0.8870 is not surpassed, the risk of the break below 0.8820 remains high.

Supports and resistances:

0.8915

0.8895

0.8870

0.8847 Last

0.8820

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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