USD/CHF Intraday Bearish
Pivot point: 0.9573
The pair traded within a lower range yesterday and now indicates a bearish trend. It broke below all support levels before market close and remained below them until the end. For a bullish trend to return then first resistance level of 0.9604 needs to be broken, which could allow the pair to push higher to 0.9654. If the bearish momentum continues and pulls the pair lower to the support of 0.9523 then it may plummet to 0.9493.
Resistance level 1: 0.9604 Resistance level 2: 0.9654 Resistance level 3: 0.9684
Support level 1: 0.9523 Support level 2: 0.9493 Support level 3: 0.9443
Pivot point: 0.9573
The pair traded within a lower range yesterday and now indicates a bearish trend. It broke below all support levels before market close and remained below them until the end. For a bullish trend to return then first resistance level of 0.9604 needs to be broken, which could allow the pair to push higher to 0.9654. If the bearish momentum continues and pulls the pair lower to the support of 0.9523 then it may plummet to 0.9493.
Resistance level 1: 0.9604 Resistance level 2: 0.9654 Resistance level 3: 0.9684
Support level 1: 0.9523 Support level 2: 0.9493 Support level 3: 0.9443
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.