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USD/CHF Intraday: key resistance at 0.9000.

2024-03-25
804

Pivot: 0.9000

Our preference: short positions below 0.9000 with targets at 0.8950 & 0.8925 in extension.

Alternative scenario: above 0.9000 look for further upside with 0.9020 & 0.9040 as targets.

Comment: as long as 0.9000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.9040

0.9020

0.9000

0.8971 Last

0.8950

0.8925

0.8910

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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