USD/CHF Intraday: choppy.
Our preference: short positions below 0.8930 with targets at 0.8900 & 0.8890 in extension.
Alternative scenario: above 0.8930 look for further upside with 0.8945 & 0.8960 as targets.
Comment: as long as the resistance at 0.8930 is not surpassed, the risk of the break below 0.8900 remains high.
Supports and resistances:
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.