Forex

USD/CHF may fall 14 - 29 pips

2024-06-07

Pivot

0.8915

Our preference

Short positions below 0.8915 with targets at 0.8880 & 0.8865 in extension.

Alternative scenario

Above 0.8915 look for further upside with 0.8935 & 0.8950 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

0.8950

0.8935

0.8915

0.8894 Last

0.8880

0.8865

0.8850

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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