Forex

USD/CHF may fall 28 - 43 pips

2024-08-28

Pivot

0.8440

Our preference

Short positions below 0.8440 with targets at 0.8405 & 0.8390 in extension.

Alternative scenario

Above 0.8440 look for further upside with 0.8460 & 0.8480 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.8480

0.8460

0.8440

0.8433 Last

0.8405

0.8390

0.8370

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

Introduction to Tradingtop Site


Return to All Articles