USD/CHF MT: under pressure.

USDCHF

Trading Central 2021-01-14 16:40:08

Pivot: 0.9300

Our preference: short positions below 0.9300 with targets at 0.8700 & 0.8500 in extension.

Alternative scenario: above 0.9300 look for further upside with 0.9600 & 0.9900 as targets.

Comment: The pair is capped by its declining 50-week moving average.

Supports and resistances:

0.9900

0.9600

0.9300

0.8873 Last

0.8700

0.8500

0.8270

Disclaimer

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