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USD/CHF Intraday: consolidation.

2023-09-18
684

Pivot: 0.8975

Our preference: short positions below 0.8975 with targets at 0.8945 & 0.8935 in extension.

Alternative scenario: above 0.8975 look for further upside with 0.8985 & 0.9000 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

0.9000

0.8985

0.8975

0.8958 Last

0.8945

0.8935

0.8925

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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