USDCHF 29.8.2023

Technical Analysis
Tuesday, August 29, 2023 - 15:10
Point Trader Group

General trend: downward.
Expected scenario:
The pair is trading below 0.8850, which enhances chances of a drop to 0.8750 – 0.8700.
Alternative scenario:
The scenario turns bullish, after breaking 0.8880, targeting 0.8930.
The most important levels
resistance:
0.8850 – 0.8930
support:
0.8750 – 0.8700

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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