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EUR/CHF Intraday: consolidation.

2024-04-16
303

Pivot: 0.9750

Our preference: short positions below 0.9750 with targets at 0.9700 & 0.9680 in extension.

Alternative scenario: above 0.9750 look for further upside with 0.9780 & 0.9800 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:

0.9800

0.9780

0.9750

0.9730 Last

0.9700

0.9680

0.9665

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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