Forex

USD/CHF may fall 12 - 32 pips

2024-05-31

Pivot

0.9055

Our preference

Short positions below 0.9055 with targets at 0.9020 & 0.9000 in extension.

Alternative scenario

Above 0.9055 look for further upside with 0.9075 & 0.9100 as targets.

Comment

A break below 0.9020 would trigger a drop towards 0.9000.

Supports and resistances

0.9100

0.9075

0.9055

0.9032 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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