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USD/CHF intraday: the upside prevails as long as 0.8973 is support
2024-03-26
742
Our pivot point is at 0.8973.
Our preference: the upside prevails as long as 0.8973 is support.
Alternative scenario: the downside breakout of 0.8973 would call for 0.8954 and 0.8944.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.8981 and 0.8979).
Supports and resistances:
0.9045 **
0.9034 *
0.9023 **
0.9012
0.8989 last
0.8980
0.8973 **
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