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USD/CHF Intraday: the downside prevails.

2024-05-02
361

Pivot: 0.9195

Our preference: short positions below 0.9195 with targets at 0.9145 & 0.9125 in extension.

Alternative scenario: above 0.9195 look for further upside with 0.9210 & 0.9225 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

0.9225

0.9210

0.9195

0.9166 Last

0.9145

0.9125

0.9100

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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