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EUR/CHF Intraday: under pressure.

2024-05-24
465

Pivot: 0.9900

Our preference: short positions below 0.9900 with targets at 0.9880 & 0.9865 in extension.

Alternative scenario: above 0.9900 look for further upside with 0.9915 & 0.9925 as targets.

Comment: as long as the resistance at 0.9900 is not surpassed, the risk of the break below 0.9880 remains high.

Supports and resistances:

0.9925

0.9915

0.9900

0.9892 Last

0.9880

0.9865

0.9850

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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