Forex

USD/CHF may fall 17 - 37 pips

2024-05-30

Pivot

0.9060

Our preference

Short positions below 0.9060 with targets at 0.9020 & 0.9000 in extension.

Alternative scenario

Above 0.9060 look for further upside with 0.9075 & 0.9090 as targets.

Comment

The break below 0.9060 is a negative signal that has opened a path to 0.9020.

Supports and resistances

0.9090

0.9075

0.9060

0.9037 Last

0.9020

0.9000

0.8985

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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