Forex

USD/CHF may rise 15 - 30 pips

2024-05-30

Pivot

0.9110

Our preference

Long positions above 0.9110 with targets at 0.9145 & 0.9160 in extension.

Alternative scenario

Below 0.9110 look for further downside with 0.9090 & 0.9075 as targets.

Comment

The next resistances are at 0.9145 and then at 0.9160.

Supports and resistances

0.9175

0.9160

0.9145

0.9130 Last

0.9110

0.9090

0.9075

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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