USD/CHF Intraday: the downside prevails.
Pivot: 0.9845
Our preference: short positions below 0.9845 with targets @ 0.9745 & 0.9715 in extension.
Alternative scenario: above 0.9845 look for further upside with 0.9915 & 0.9940 as targets.
Comment: a break below 0.9745 would trigger a drop towards 0.9715.
Chart Caption | ||
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Green Lines Represent Resistances | |
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Red Lines Represent Support Levels | |
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Light Blue is a Pivot Point | |
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Black represents the price when the report was produced |
Source: www.orbex.com