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USD/CHF Intraday: under pressure.

2023-10-24
367

Pivot: 0.8925

Our preference: short positions below 0.8925 with targets at 0.8885 & 0.8870 in extension.

Alternative scenario: above 0.8925 look for further upside with 0.8940 & 0.8955 as targets.

Comment: the break below 0.8925 is a negative signal that has opened a path to 0.8885.

Supports and resistances:

0.8955

0.8940

0.8925

0.8907 Last

0.8885

0.8870

0.8855

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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