Forex

USD/CHF may rise 14 - 29 pips

2024-05-29

Pivot

0.9115

Our preference

Long positions above 0.9115 with targets at 0.9155 & 0.9170 in extension.

Alternative scenario

Below 0.9115 look for further downside with 0.9105 & 0.9090 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.9200

0.9170

0.9155

0.9141 Last

0.9115

0.9105

0.9090

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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