Forex

USD/CHF may rise 23 - 43 pips

2024-07-02

Pivot

0.9010

Our preference

Long positions above 0.9010 with targets at 0.9060 & 0.9080 in extension.

Alternative scenario

Below 0.9010 look for further downside with 0.8990 & 0.8975 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.9100

0.9080

0.9060

0.9037 Last

0.9010

0.8990

0.8975

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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