Forex

USD/CHF may rise 13 - 28 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

Technically the RSI is above its neutrality area at 50.

Supports and resistances

0.9175

0.9160

0.9145

0.9132 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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