Forex

USD/CHF may rise 28 - 43 pips

2024-07-29

Pivot

0.8820

Our preference

Long positions above 0.8820 with targets at 0.8855 & 0.8870 in extension.

Alternative scenario

Below 0.8820 look for further downside with 0.8805 & 0.8790 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.8885

0.8870

0.8855

0.8827 Last

0.8820

0.8805

0.8790

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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