Forex

USD/CHF may rise 14 - 29 pips

2024-05-29

Pivot

0.9100

Our preference

Long positions above 0.9100 with targets at 0.9140 & 0.9155 in extension.

Alternative scenario

Below 0.9100 look for further downside with 0.9085 & 0.9070 as targets.

Comment

The break above 0.9100 is a positive signal that has opened a path to 0.9140.

Supports and resistances

0.9170

0.9155

0.9140

0.9126 Last

0.9100

0.9085

0.9070

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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