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PANDA FINANCE

USD/CHF Intraday: the downside prevails.

Trading Central 2025-05-16 09:51:05
美元瑞郎(USDCHF)

Short positions below 0.8380 with targets at 0.8300 & 0.8275 in extension.

Pivot: 0.8380

Our preference: short positions below 0.8380 with targets at 0.8300 & 0.8275 in extension.

Alternative scenario: above 0.8380 look for further upside with 0.8405 & 0.8435 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

0.8435

0.8405

0.8380

0.8333 Last

0.8300

0.8275

0.8250