USD/CHF intraday: as long as 0.8864 is support loo

USD/CHF intraday: as long as 0.8864 is support look for 0.8898

USDCHF

Trading Central 2021-01-14 03:08:04

Our pivot point stands at 0.8864.

Our preference: as long as 0.8864 is support look for 0.8898.

Alternative scenario: the downside breakout of 0.8864 would call for 0.8852 and 0.8845.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (0.8878) but above its 50 period moving average (0.8868).

Supports and resistances:

0.8912 **

0.8905 *

0.8898 **

0.8891

0.8876 last

0.8868

0.8864 **

Disclaimer

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